Uh huh. Anyone know of an orderly bankruptcy that didn't cause thousands of job losses? The automobile manufacturing supply chain is heavily OEMed. This means an entire chain of businesses, suppliers are involved in making cars and trucks.
Now why could through all of that hell, have the Senate crush hope, only to turn around and say the Big 3 U.S. auto manufacturers can get some of the bail out money already approved?
The Bush administration dropped its opposition to using the $700 billion bank bailout fund to provide financing for U.S. automakers after the Senate yesterday failed to approve emergency loans
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