Bailout: Detroit saved - for now
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Bailout: Detroit saved - for now
É óbvio que isto é só uma medida temporária para aguentar até à tomada de posse do Obama.
Ainda assim deve trazer algum "quantum of solace" aos mercados.
Ainda assim deve trazer algum "quantum of solace" aos mercados.
Government to loan GM and Chrysler $13.4 billion from Wall Street bailout fund
Last Updated: December 19, 2008: 12:58 PM ET
NEW YORK (CNNMoney.com) -- President Bush announced a rescue plan for General Motors and Chrysler LLC Friday morning that will make $13.4 billion in federal loans available almost immediately.
The money will come from the $700 billion fund set aside to bailout Wall Street firms and banks in October.
With these loans, Treasury will have committed virtually all of the $350 billion of that fund that it can hand out without additional authorization from Congress. Once Congress releases the other $350 billion, the two automakers will be able to borrow an additional $4 billion.
GM (GM, Fortune 500) will get $9.4 billion from the first allocation of federal loan money, while Chrysler would get the other $4 billion.
The loans are for three years but the money will have to be repaid in full within 30 days if the firms do not show themselves to be viable by March 31.
As pessoas são tão ingénuas e tão agarradas aos seus interesses imediatos que um vigarista hábil consegue sempre que um grande número delas se deixe enganar.
Niccolò Machiavelli
http://www.facebook.com/atomez
Niccolò Machiavelli
http://www.facebook.com/atomez
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