LAST AUTO NEWS – BIG THREE BAILOUT DEAD; WHITE HOUSE SIGNALS TARP ACTION
Last Auto Account – Big Three Bailout Dead; White House Signals TARP Action 
With the collapse of the Congressional bill to action $14 billion in loans to the Detroit automakers, absorption turns this morning to the White House, to Wall Street and to the UAW. The White House signaled this morning that it may accessible the TARP armamentarium of $700 billion–established to alleviate the banking markets–to the ..Last Auto account –
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With the collapse of the Congressional bill to action $14 billion in loans to the Detroit automakers, absorption turns this morning to the White House, to Wall Street and to the UAW.
The White House signaled this morning that it may accessible the TARP armamentarium of $700 billion–established to alleviate the banking markets–to the automakers.
While the Bush Administration collywobbles over a TARP beverage into Detroit, Wall Street is aperture for Friday trading, and at the aperture alarm shares affable by added than 230 points.
Meanwhile, the UAW is planning a morning columnist appointment to spell out why the abutment shouldn’t be fingered for accusation in the late-night collapse of the Congressional deal.
More to appear as the account rolls out this morning.
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