What's with the $25 billion?
So Congress passes $25 billion loan guarentee package for automakers then this:
WSJ: General Motors Corp. and Ford Motor Co. saw their share prices plunge on Thursday as concerns grew that the struggling auto makers may not have enough cash to survive the deepening downturn in the U.S. economy.
- So what happens with the $25 billion?
WSJ: General Motors Corp. and Ford Motor Co. saw their share prices plunge on Thursday as concerns grew that the struggling auto makers may not have enough cash to survive the deepening downturn in the U.S. economy.
- So what happens with the $25 billion?
About this blog
Economic Alert is a daily blog on business and the economy in the San Gabriel Valley and beyond, featuring updates and observations from the staff of the San Gabriel Valley Newspaper Group. SGVN includes the San Gabriel Valley Tribune, Pasadena Star-News and Whittier Daily News.
Your hosts:
Kevin Smith is business editor for the San Gabriel Valley Newspaper Group. Over the past 15 years, Smith has covered development, housing, employment, technology and financial trends for a variety of newspapers.
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Ryan Carter covers business and the economy for the San Gabriel Valley Newspaper Group.
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Your hosts:
Kevin Smith is business editor for the San Gabriel Valley Newspaper Group. Over the past 15 years, Smith has covered development, housing, employment, technology and financial trends for a variety of newspapers.
Ryan Carter covers business and the economy for the San Gabriel Valley Newspaper Group.
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