White House assessing options for emergency help for struggling auto industry amid obstacles
The White House weighed its options Saturday for preventing a collapse of the troubled auto industry, once the backbone of the U.S. economy. So far, the only thing certain is that the Bush administration wants to avoid the possibility of a disorderly bankruptcy of any of the Big Three. General Motors Corp. and Chrysler LLC have said they could run out of cash within weeks without government help. "Administration officials are continuing to gather financial information from the... Full Story
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