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Location: Georgia, on the Florida line, right above Tallahassee
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70,000 jobs ...poof
Analyst: GM-Chrysler deal could cost 35,000 jobs in Michigan | The Detroit News | detnews.com (http://www.detnews.com/apps/pbcs.dll/article?AID=/20081029/AUTO01/810290459/1361 - broken link)
Location: Georgia, on the Florida line, right above Tallahassee
10,471 posts, read 15,835,178 times
Reputation: 6438
A deal to merge General Motors and Chrysler has hit an impasse after the Bush administration ruled out funding for it, putting any merger on hold until after the U.S. presidential election, three people with direct knowledge of the talks said on Thursday.
GM, Chrysler Merger on Hold as Aid Hopes Fade: Sources - Automotive * US * News * Story - CNBC.com (http://www.cnbc.com/id/27465743 - broken link)
Gee, no buckets of money from the Government? (Cough...taxpayers) I don't get it. Why turn off the money spigot now? Hrmmmm....