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Ford says CEO will work for $1 to get loans - Associated Press
WASHINGTON (AP) -- Ford Motor Co. is asking Congress for a $9 billion "stand-by line of credit" to stabilize its business, but says it doesn't expect to tap it. Unless one of Detroit's other Big Three auto companies goes bust, Ford expects to have ...

Automakers face skeptical senators on aid plan - Huffingtonpost.com
Auto executives, from left, General Motors Chief Executive Officer Richard Wagoner, UAW President Ron Gettelfinger, Ford Chief Executive Officer Alan Mulally, and Chrysler Chief Executive Officer Robert Nardelli testify on Capitol Hill in Washington ...

$8.5 Trillion and Counting - Reason.com
The L.A. Times on Sunday updated the numbers on 2008's historic (and historically awful) round of bailouts, and came out with a shiny new figure: $8.5 trillion . It's a useful piece of journalism, so I almost hate to complain, but the lead-paragraph ...

It’s Time to Buy That House - BusinessWeek
At this time in the economic cycle, one might think that venturing into the choppy waters of home buying is the last thing you should think about. But there are good reasons you should consider it. Home prices have declined to a level that’s more ...

Bailout Gallery - CNBC
With so many firms apply for TARP funds these days, perhaps it comes as no surprise that now some overseas companies wan... Discussing whether the $700 billion bailout plan is doing what in needs to do to avoid financial Armageddon, with Jon Ev ...

Ford Motor Co. asks Congress for $9B line of credit; says it hopes not ... - Minneapolis Star Tribune
Hey Congress, Why dont you pay off my student loan and my mortgage? I am paying my loans on time, and not buying things i can't afford. … read more Why are we helping out the dumb people? They will fall right back into debt. How about tough love ...

Automakers Make Their Bailout Pitches - CBS News
(CBS/AP) General Motors Corp. said Tuesday it needs $12 billion in government loans to keep operating, telling Congress in a bluntly worded report that its collapse could have "severe, long-term consequences to the U.S. economy." GM said it would ...

Ford tells Congress it may be able to go it alone - San Francisco Gate
Ford Motor Co. is asking Congress for a $9 billion "stand-by line of credit" to stabilize its business, but says it doesn't expect to tap it. Missing juror for `Sopranos' trial found in jail 12.02.08 Ford Nov. sales drop 31 pct., Toyota falls 34 pct ...

Ford asks for $9 billion 'stand-by line of credit' but says it doesn't ... - Grand Forks Herald
WASHINGTON — Ford Motor Co. is asking Congress for a $9 billion “stand-by line of credit” to stabilize its business, but says it doesn’t expect to tap it. Unless one of Detroit’s other Big Three auto companies goes bust, Ford expects to ...

Ford tells Congress it may not need help - Syracuse Post-Standard
The Big Three automakers may need to trim a number of their brands in their lineups. Meanwhile, the auto dealerships probably won't get any help from a government bailout. Newsflash: Latest business news from The Associated Press. WASHINGTON (AP ...