Dec 4th, 2008 · The heads of the big three U.S. car companies are back on Capitol Hill Thursday, trying to convince Congress to give them billions in loans so they can avoid bankrupty. For some at Chrysler, there might be a sense of deja vu. Paul Eistenstein, who covers the car industry for the independent news service, The Detroit Bureau, talks to Renee Montagne about the first time Chrysler was bailed out in the 80s.
Nov 13th, 2008 · President-elect Barack Obama wants to give U.S. automakers federal funds. Critics say funding without conditions would be pouring gas into broken down clunker. Paul Ingrassia, a former Detroit bureau chief for The Wall Street Journal, says bankrupty might be a better option. He tells Ari Shapiro that bankruptcy could open the door to badly needed changes.
Sep 17th, 2008 · The Lehman Brothers bankrupty is having a ripple effect on a well-known money market fund. Individual investors could unexpectedly lose money they invested in the fund. The fund's share value declined below $1 a share largely because Lehman debt securities that it owned are now valued at zero.