January 14, 2009
President Bush asks Congress for $350 billion in funds still outstanding from bailout aid.
Wired PR News.com – In an act of what has been described as exemplary teamwork between the incoming and outgoing United States presidents, President Bush has requested the outstanding bailout aid from Congress, which will allow President Elect Obama quicker access to […]
December 30, 2008
A reported 43 banks recently were recently given monies from the $700 billion allocated in a government rescue plan for financial institutions.
Wired PR News.com – The United States Treasury Department released information on Monday regarding recent recipients of the government bailout funds allocated to financial institutions. As reported by the Associated Press (AP), 43 banks […]
December 28, 2008
Executives of rescued financial institutions still reportedly getting same perks.
Wired PR News.com – Wall Street executives have been accused of not changing some of their spending habits despite financial issues that warranted the need for massive government assistance. As reported by the Associated Press (AP), six of the financial institutions that received billions in government […]
December 20, 2008
Canadian governments agree to give Canadian subsidiaries of the Detroit Big Three $3.29 Billion.
Wired PR News.com – Subsequent to President George Bush’s announcement on Friday of his decision to provide the auto industry with $17.4 billion in rescue loans, Canadian governments have stepped in to provide bailout assistance for automakers as well. As reported by […]
December 19, 2008
The current administration is looking at an orderly bankruptcy as a possible solution for auto industry troubles.
Wired PR News.com – The White House announced on Thursday that the current administration is considering an ‘orderly bankruptcy’ to assist automakers in need of a financial bailout. As reported by the Associated Press (AP), as automakers await approval […]
December 13, 2008
Automakers may receive long awaited assistance after all with emergency aid from White House.
Wired PR News.com – With the recent death of a bill put forth for Congress’ approval to provide the auto industry with much needed assistance, many were left wondering what the future would hold for automakers. As reported by the Associated Press, […]
December 11, 2008
With Congress now pushing for a bailout plan for the Detroit Big Three auto makers, some smaller companies are making sure their voice is heard regarding not being overlooked for getting the same kind of government assistance to keep Main Street economies going.
Wired PR News.com –As reported by CBS 11 News, local Dallas and other […]
December 9, 2008
Congress sent an emergency bailout package proposal for automakers to the White House on Monday. Wired PR News.com –As reported by the Associated Press (AP) the $15 billion plan included a “car czar” provision for oversight to ensure the auto industry makes appropriate changes and restructures itself.
The plan also included details for President George Bush […]
December 6, 2008
Nissan may become the latest casualty of the auto industry crisis in the event of a financial collapse. As reported by AFP, the Japanese automaker expressed fears of a possible issue for its operations in North America.
Wired PR News.com – As quoted in the AFP report of Robert Sump, the company’s vice president of components […]
