To the Point
The Recovery and America's Troubled Auto Industry
After Wall Street's worst week in history, it was clear that the Federal Reserve and the Treasury weren't doing enough to restore economic confidence. On Friday, the question was, "Can the Group of Seven industrialized countries and the International Monetary Fund make a difference?" Today, the stock markets surged.
By Warren Olney • • 1 min readAfter Wall Street's worst week in history, it was clear that the Federal Reserve and the Treasury weren't doing enough to restore economic confidence. On Friday, the question was, "Can the Group of Seven industrialized countries and the International Monetary Fund make a difference?" Today, the stock markets surged. Did the ministers do the right thing? Will the credit markets thaw out and begin lending again? We get a progress report and look at the state of America's auto industry, once the symbol of US industrial might. Will the Big Three become the Big Two?
The full episode
2 of 3
The Road to Recovery and American Cars- 1:49Markets Rally in Wake of Global Plan to Save Banks
- 7:47The Recovery and America's Troubled Auto IndustryYou’re reading this
- 43:50Can McCain Turn His Sinking Ship Around?
The full episode
2 of 3The Road to Recovery and American Cars- 1:49Markets Rally in Wake of Global Plan to Save Banks
- 7:47The Recovery and America's Troubled Auto IndustryYou’re reading this
- 43:50Can McCain Turn His Sinking Ship Around?