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RD Today => All the News => World & Lebanon Latest News => Topic started by: riky on March 30, 2009, 08:01:16 AM

Title: Obama conditions bailout funds for automakers (AP)
Post by: riky on March 30, 2009, 08:01:16 AM
Obama conditions bailout funds for automakers
    (AP)

 


<p><img src="http://d.yimg.com/a/p/ap/20090329/capt.96c1057dafd446e9bbcff9ce94fc9f23.gm_wagoner_wx115.jpg?x=130&y=86&q=85&sig=lTnolikJis41jQP9LGtSEA--" align="left" height="86" width="130" alt="In this June 26, 2008 file photo, then Democratic presidential candidate, Sen. Barack Obama D-Ill., left, talks with General Motors Chairman Rick Wagoner  during an economic discussion in Pittsburgh.  Wagoner will step down immediately at the request of the White House, administration officials said Sunday. The news comes as President Obama prepares to unveil additional restructuring efforts designed to save the domestic auto industry.   (AP Photo/Keith Srakocic, File)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/ap/20090330/ap_on_go_pr_wh/obama_autos)AP - The White House says neither General Motors nor Chrysler submitted acceptable plans to receive more bailout money, setting the stage for a crisis in Detroit that would dramatically reshape the nation's auto industry.</p><br clear="all"/>


http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/ap/20090330/ap_on_go_pr_wh/obama_autos