November 21, 2008

Democrats demand U.S. Big 3 offer survival plan

Democratic congressional leaders, seeking to salvage a bailout of the Big Three automakers, demanded executives provide a business survival plan in exchange for their support of up to $25 billion (16 billion pounds) in loans.

'All options' open to increase bank lending (Epolitix via Yahoo! UK & Ireland News)
The government is considering "all options" to ensure that banks offer loans to small businesses and families, Downing Street has said.

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