@slotplayer 187705 wrote:
the big 3 already have 25 billion in the energy bill. but they didn’t get it yet. From my understanding they want another 25 billion.
RIght and Congress had agreed to (change) the requirements for the use of that money, but decided not too.
Which is why I mentioned the statement above. The truth is that Paulson has the power to give $25bn to the auto industry and he can also give $25bn to the FDIC chairman, but he refused. NOT because he couldn’t use the the money for that he refused to use it for anything other than the banks.
EDIT: Just heard that the CEO at GM has agreed to Sell his two jets. That’s a good start. 