Companies start competing for bailout money
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Companies start competing for bailout money
Insurance firms, auto companies and foreign banks petition for part of $700 billion bailout
WASHINGTON (AP) -- The bailout is now the hottest lobbying game in town.
Insurers, automakers and American subsidiaries of foreign banks all want the Treasury Department to cut them a piece of the largest government rescue in U.S. history.
The betting is that many with their hands out will be successful, especially with financial markets in a stomach-churning dive and predictions the economy is about to tumble into a deep recession.
These groups argue that the credit squeeze is so severe and the risks to the economy so dire that their industries need financial support as well.
The Treasury is considering requests from a variety of industries, but has not decided whether to expand the program, officials said Saturday.
Lobbying efforts are intensifying
Artigo completo :
http://biz.yahoo.com/ap/081026/bailout_bonanza.html
Parece que começou a corrida aos dolares do bailout, e toda a gente quer algum, sao 7 caes a 1 osso.
A pressao para ver quem deve ter direito a algum deve ser enorme e como toda a gente quer, quem vai ter é quem tiver mais influencia.
Isto podera querer dizer que o dinheiro do bailout pode ir parar onde nao deve, em vez de onde sera realmente necessario.
Abraço
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