Dems seek auto aid as treasury shifts rescue focus (AP)
AP - Urgently shifting course, the Bush administration is abandoning the centerpiece of its massive $700 billion economic rescue plan and exploring new ways to shore up not only banks but credit-card, auto-loan and other huge nonbank businesses. Democrats are pressing hard to include a multibillion-dollar bailout for faltering automakers, too over administration objections. Unimpressed by any of the talk on Wednesday, Wall Street dove ever lower.
Original post by and software by
Posted by