Details on the Chrysler bankruptcy
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Details on the Chrysler bankruptcy
Editor s Note: Notes on Chrysler s bankruptcy and a Q & A with a senior administration official CNN Details from a Senior Administration Official: - total amount of us govt support will be similar to what president approved on march 30th, consistent with resources allocated on march 30th - Canadian involvement is also involved, the company does biz on both sides of the border, have been working closely with Canadian govt, they will also provide resources, additiona
Around The Horn
Below are our daily picks from the Illinois blogosphere and media at large: Midterm Examination The Reader’s Ben Joravsky and Mick Dumke give only adequate midterm grades to a new class of rookie aldermen who promised to bring accountability and integrity to what was widely dismissed as a rubber-stamp City Council. Saving Chrysler? Will bankruptcy revive the ailing auto company Chrysler? Jonathan Cohn reports that it is a possibility. How Can Rights Feel S
Banks vote down new legislation
Banks, using their votes in the Senate, have successfully quashed legislation that would horror! helped consumers. ThinkProgress: Today, a proposal to change bankruptcy law and allow bankruptcy judges to cram-down mortgage payments for troubled homeowners failed in the Senate by a vote of 45-51 . The provision, which was introduced as an amendment by Sen. Dick Durbin (D-IL), required 60 votes to pass. In recent weeks, support for the measure evaporated in the face of furious lobbying b
