USA / Small Business

Auto execs set to make pitches for loans

Auto execs set to make pitches for loans

Time 03.12.2008 18:12 Source  freep.com

WASHINGTON -- The chiefs of Detroit's auto industry will attempt to close a deal for survival Thursday, pleading with a U.S. Senate committee for $34 billion in loans with pledges of future profits, warnings about the current economy and strident arguments against bankruptcy.

Region USA Category Small Business

Date: 09 January 2009 - 05:03

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