Sentences with phrase «seek federal bailout»

During that time, Paine and his crew captured the ups and downs of electric vehicles» development amid the Great Recession — when GM went bankrupt and its executives made the blunder of flying to Washington, D.C., in private jets to seek federal bailout money; when Tesla Motors almost missed payroll, having built only 100 cars and spent $ 100 million; and when Nissan chief Carlos Ghosn was grilled by the press about the $ 6 billion gamble he was taking on the Leaf.

Not exact matches

As for filling the hole of unfunded liabilities, there's little choice but to raise contribution rates for teachers, to increase districts» contribution rates (which decreases funds for students) or to seek bailouts from states or the federal government (otherwise known as the «charge - it - to - taxpayers» gambit).
FirstEnergy has sought several forms of federal emergency bailouts for its struggling power plant fleet, including a failed push by the Trump administration to classify them as critical to grid reliability, and a demand to keep them open using emergency powers created for times of war and natural disaster.
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.
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