Friday, December 19, 2008

Big 3 bailout...on the bright side

The UAW "jobs bank" will be history.

Auto Makers to Get $17.4 Billion

The White House announced a $17.4 billion rescue package for the troubled Detroit auto makers that allows them to avoid bankruptcy and leaves many of the big decisions for the incoming Obama administration.

So does this mean the next administration can change the rules of this bailout?

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