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February 10, 2012

March 26, 2009

Auto Task Force Set to Back More Loans — With Strings

by admin — Categories: NewsLeave a comment

The News Review:

- Auto Task Force Set to Back More Loans — With Strings
- Mich. House considers bill to help auto suppliers
- Citigroup May Manage Aid To US Auto Suppliers – Bloomberg

Auto Task Force Set to Back More Loans — With Strings
Wall Street Journal
STLLPresident Barack bama last month handed his auto-industry team a seemingly impossible task: to engineer the most complicated industrial restructuring ever attempted by the federal government and to do it fast. With almost no experience in the car business the team’s dozen core members have undergone a crash course in the myriad woes plaguing the U. Within days just over a month after setting to work they’ll begin announcing decisions.
Related from Work-at-home-business-zone: Auto Task Force Set to Back More Loans — With Strings

Mich. House considers bill to help auto suppliers
Forbes
The proposal would give auto suppliers who already receive multiyear Michigan Economic Growth Authority tax credits all the money up front before 2011. It could cost the state up to $250 million but so far House Democrats have not specified a way to pay for the proposal.

Citigroup May Manage Aid To US Auto Suppliers – Bloomberg
CNNMoney.com
(C) may be chosen to manage and account for $5 billion in aidfor U. auto parts suppliers Bloomberg News reported Thursday citing adocument from an industry group. Citigroup itself received bailout money from the U.

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