by Strawberry Daiquiri at 2:30 pm on April 8, 2009

Today, the Treasury Department opened a $5 billion financing support program to help auto suppliers keep parts flowing to GM and Chrysler. The money is supposed to finance the auto parts that have been shipped to the carmakers. These auto parts have been made but have not been paid for yet.


  • facebook
  • google
  • Digg
  • Twit This
  • email

Comments

Post new comment

  • Lines and paragraphs break automatically.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd> <p><br>

More information about formatting options