To the Point
Obama Awaits Auto Restructuring Plans, Cools on 'Car Czar'
Tomorrow's the day for Chrysler and General Motors to file restructuring plans in exchange for federal bailout money they got last fall. In the meantime, President Obama has dropped the idea of appointing a “ car czar ,” and the Wall Street Journal says one option General Motors will present is bankruptcy. John Stoll wrote the story .
By Warren Olney • • 1 min readTomorrow's the day for Chrysler and General Motors to file restructuring plans in exchange for federal bailout money they got last fall. In the meantime, President Obama has dropped the idea of appointing a “car czar,” and the Wall Street Journal says one option General Motors will present is bankruptcy. John Stoll wrote the story.
