The Financial Bailout Fiasco

General Motors Corp. on Friday said it received $4 billion in U.S. aid, $1.4 billion more than it had originally requested, as part of its plan to pay suppliers and dealers before a June deadline.

The Treasury Agreed Thursday May 14th to provide GMAC with an additional$7.5 billion in loans. The new aid marks the second time the government has stepped in to prop up the former lending un

After struggle, Chrysler succumbs to bankruptcy