Sentences with phrase «auto bailout»

The phrase "auto bailout" refers to a financial rescue plan or assistance given to a struggling automobile company or industry by the government. It aims to prevent or recover from economic failure, providing funds to help the company or industry stay operational and preserve jobs in the auto sector. Full definition
About 200 GM Canada dealers were eliminated during the federal auto bailout, and the class action was seeking $ 750 million in damages on behalf of those dealers.
A version of this article appears in print on, on Page B1 of the New York edition with the headline: A British Lesson on Auto Bailouts.
They include Quadrangle, a private - equity firm founded by Rattner, the financial power broker who was Obama's original point man for the US auto bailout.
Wilson, a Westchester County resident who has a resume longer than your arm (leader of the president's auto bailout task force among them), came within spitting distance of unseating Comptroller Tom DiNapoli last year.
But with sales plummeting and the two companies facing cash shortages, it had been unclear whether the two companies could keep their operations going, let alone follow through on those pledges (see Auto Bailout Dies; Will Green Pledges Follow Suit?).
Yes, Obama's bailout refusal should lead to greener American cars.A Greener Auto Bailout?
As reported many a time in this space and elsewhere, Weil was retained as lead bankruptcy and restructuring counsel to GM while Cadwalader served as outside counsel to the Treasury Department on its Big Auto bailout work.
The claim alleged Cassels Brock failed to disclose to dealers it was also acting for the Canadian government in the GM auto bailout and breached duties to dealers.
The case dates back to 2009, when about 200 General Motors dealers were eliminated during the federal auto bailout.
Next came a massive corporate IV infusion called TARP and an auto bailout.
The hard - hit state recovered from the recession — and 11 % unemployment — quickly, thanks in part to trading partner Detroit's auto bailout.
His auto bailout gave manufacturing a lifeline.
Beginning with the auto bailout, which the administration now claims cost taxpayers $ 9.3 billion but saved more than a million jobs, Obama doubled down on his commitment to manufacturing, setting a goal of doubling American exports between 2009 and 2014.
Overly restrictive immigration policies spring to mind, as do actions like the auto bailouts and Buy American campaigns that seek to preserve a nostalgic past.
Michigan has enjoyed a surge of manufacturing jobs, but that began following the auto bailout in 2009, when closed shops were still legal in the state.
THE FACTS: Actually, the auto bailout of General Motors and Chrysler began under President George W. Bush.
In the video the president also framed the auto bailout and the passage of health care legislation, two signature issues of his presidency, as playing into his faith narrative.
As an example of the kind of direct engagement he's prescribing, Barger said that his staff had stayed on Twitter until midnight on the day that the auto bailout plan hit the press, engaging both journalists and citizens online.
After finding some early agreement over Michigan's mishandling of the Flint water crisis, Clinton and Sanders clashed for the rest of the night on questions including campaign finance, gun control and the auto bailout.
«Wall Street Harry Wilson also needs to come clean about his relationship with (Quadrangle founder) Steve Rattner, who brought him onto the Auto Bailout Task Force, is guiding his campaign, and is a central figure in the attorney general's investigation into disgraced ex-Comptroller Alan Hevesi,» Sumberg said.
Not long after the auto bailouts, the financial crash and the election of President Obama, General Motors Co. had a choice to make.
December 28, 2013 • Emergency unemployment benefits are ending, the auto bailout is over, and the Federal Reserve is scaling back its market support.
Many see this growing balance as a sign that the industry has recovered from the auto bailout crisis.
But so were the bank and auto bailouts — and, the thinking goes, if «fat cat» bankers and auto makers got a bailout, why not college graduates?
This auto bailout legislation, now being considered as part of the energy bill making its way to the House floor, would provide subsidies from the U.S. Treasury to encourage potential car and truck buyers to ditch their current wheels and drive home new ones.
KRW honourable mentions went to the always colourful Ezra Levant for his Back Page column; former staff writer Glenn Kauth, who now edits Law Times, for his story «Big BD» and a profile of Privacy Commissioner Jennifer Stoddart; and writer Paul Brent for his wrap - up on the legal aspects of the auto bailouts in the August 2009 cover story «Assembly line.»
In May 2009, about 200 General Motors dealers were eliminated during the federal auto bailout.
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