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The Big Three refers to Ford, GM, and Chrysler (The Big Three Auto makers in North America). They have all come into financial trouble and are threatening job losses or even folding the companies completely if they do not receive a loan from the US and Canadian Gov.'s. It is later learned the Ford did not need the money, but would have taken the handout if the others got free money. Ford is not in financial trouble. GM and Chrysler took the loan and are still in trouble. For more info Google this topic.
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What is the latest bailout plan?
The latest "bailout" is the automotive bailout of the Big Three automakers, Ford, GM, and Chrysler. Legislation was introduced on Dec. 8th.
How much money was given for auto bailout?
24 billion for the big three
What were the major economic events 2008?
The Financial Bailout and the Big 3 bailout
What are the release dates for House Hunters - 1999 Big Apple Bailout?
House Hunters - 1999 Big Apple Bailout was released on: USA: 24 January 2013
What is bailout?
When the government gives money to big businesses, so the big businesses can survive.
What is going to happen with the big 3 bailout?
nothing nothing
What is the financial bailout package crisis?
There is no such crisis as the financial bailout package crisis. the bailout was created to overcome the financial crisis.
How many votes yes for bailout and how many no for bailout?
205 for it and 228 against it.
How much bailout money did FORD receive?
Ford did not receive any bailout money.
Who asked congress for bailout?
Specifically speaking, nobody asked for a bailout. Out of the options that were considered to revive the economy this bailout was considered the most effective way and hence it came into existence.
What does bailout mean?
See: http://en.wikipedia.org/wiki/Bailout Bailout refers to the action of helping out somebody in trouble. You can compare the bailout in financial terms to the bail or parol we get for someone in jail. In bailout, a company with strong financial status offers to help a company that is in dire financial needs. Such a scenario is where the stronger company bails out the weaker one.
How much bailout money did citi corp receive?
The Citi group bailout was agreed for $45Billion same as the Bank of America bailout. The numbers about who got what and how they are spending it are pretty much a secret.
