Detroit Gets a Lifeline

December 21, 2008 10:48am by Barry Ritholtz

WSJ’s John McKinnon says automakers got at least a temporary lifeline from the White House with $17.4 billion in rescue funding. The money will tide GM and Chrysler over until March, when they become the Obama administration’s problem.

12/19/2008

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Big Three Gets Money, But It’s Not Easy

WSJ’s John Stoll talks about President Bush’s move to grant a $17.4 billion bailout for the Big Three, but this check doesn’t come without strings attached.

12/19/2008

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President Bush announced a $17.4 billion dollar rescue package for the auto industry. Fox’s Mike Emanuel has the reaction from Washington. Video courtesy of Fox News.

12/20/2008

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