Friday 19 December 2008

Big Three vicine all'auspicabile fallimento?

The White House said Thursday it was considering an “orderly” bankruptcy for stricken US automakers GM and Chrysler. A Bush spokesman said the president and Treasury Secretary Hank Paulson were considering the step as part of an overall rescue package for the two carmakers, which have said they need an emergency $15bn to continue operations until end-March, and were “very close” to a decision. The two options were tapping the Treasury’s TARP scheme for the funds, and “one of these bankruptcies”, the spokesman said.

http://ftalphaville.ft.com/


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