U.S. May Offer GM $5 Billion Loan
October 28th, 2008 piotr zukowskiThe Department of Energy may release $5 billion in loans to General Motors that could ease a merger with Chrysler.
The Department of Energy may release $5 billion in loans to General Motors that could ease a merger with Chrysler.
Even if they proceed with a merger, the automakers could soon run out of cash if they don’t figure out a way to bring federal money into the mix.
A down-on-her-luck baby boomer needs to put aside money for retirement but doesn’t have much cash. MSN Money ombudsman Kathy Kristof shows her how to start small.
With time on your side, you don’t need gobs of spare cash to start building a nest egg. The first step: Decide where to invest.
Institutional investors have bet like desperate gamblers — and lost in spades. Before doing something so stupid, consider what’s happened and where we’re headed next.
T. Boone Pickens and his BP Capital investment firm have lost about $2 billion since oil and natural-gas prices began falling.
A pledge of assistance from the IMF brought little relief for Hungarian markets as investors awaited concrete details of the arrangement.
The insurance industry could see more consolidation if the Treasury’s capital-infusion program for the banking sector expands.