The Washington Independent

Posts Tagged detroit woes

Chrysler Needs $5 Billion More

By | 02.17.09 | 5:43 pm

Might have seen this one coming.

When the Bush administration agreed in December to tap Wall Street bailout funds to help Chrysler and General Motors avoid bankruptcy, the two auto giants said that $17.4 billion would see them through March — $13.4 billion for G.M. and $4 billion for More…