chapter 11

President George Bush announced that General Motors and Chrysler will receive $13.4 billion in loan money from the Wall Street bailout fund, in a move to keep the companies afloat through March. He also wants to see Congress allocate another $4 billion for bridge loans.
By the Spring, the auto makers will need to provide the [...]

Shocks like falling home prices intensify as they move through the convoluted chains of dealings that now link world markets.