Detroit: Wait until after next year
Nov.26, 2008 in
Banking Times, Banks News, Financial News
Detroit: Wait until after next year
Congress wants the Big Three to produce a plan for profitability before it will approve a bailout. This could be within reach…but not until 2010.
By Chris Isidore, CNNMoney.com senior writer
NEW YORK (CNNMoney.com) — A profitable U.S. auto industry just around the corner? Given the crisis hitting the industry, it sounds [...]