Saturday 20 December 2008

Ctrl BG: A Shortcut to Financial News 12/21

After MUCH drama, the fall of the auto industry in the US has finally been avoided- at least temporarily anyway. In the end, Bush signed over $17.4 to Chrysler and GM on Friday in return for non voting warrants and more oversight on executive pay etc. In the end, they made a full circle and the money will be coming from the TARP fund, which brings up the really intriguing question of whether the