Tuesday, March 31, 2009

GM, Chrysler aren't viable, White House says

WASHINGTON -- President Barack Obama is sending a blunt message to Detroit automakers: To survive -- and win more government help -- they must remake themselves top to bottom.
Driving home the point, the White House ousted the General Motors chairman as it rejected GM and Chrysler's restructuring plans.


Bank CEOs favor Obama’s plan but want more details
Real Estate Outlook: Balancing the News
Autoworkers feel stuck between buyouts, possible future cuts
Washington Report: Refinancing