BarneyFrank


Feds may want loan money back early after learning of Chrysler/Fiat deal

The conference room where Chrysler and Fiat worked out Fiat's 35% stake in the Pentastar probably still smells like hors d'oeuvres and bottled water, and already a Congressman is thinking about making Chrysler return its $4 billion dollar bridge loan. In fact, Chrysler and Fiat aren't even partners yet. All they have done so far is sign "non-binding term sheet to establish a global strategic alliance." They're engaged, but nowhere near married yet, and it is unclear yet what the final partnership – if there is one – is going to ... Read more →

Detroit CEOs and UAW chief summoned to Washington Dan Roth

When Congress wants to hand out money, it apparently wants to include everybody. Barney Frank, Chairman of the House Financial Services Committee, is likely to propose a measure that lets automakers ...

Paulson: Automaker aid won't come from financial bailout money Jeremy Korzeniewski

Some U.S. policymakers believe that the domestic auto industry needs a multi-billion $hot in the arm, but the sticking point seems to be where to find the funds. Rep. Barney Frank (D-Mass.) is ...

Feds may want loan money back early after learning of Chrysler/Fiat deal 9 months ago on Autoblog

The conference room where Chrysler and Fiat worked out Fiat's 35% stake in the Pentastar probably still smells like hors d'oeuvres and bottled water, and already a Congressman is thinking about making Chrysler return its $4 billion dollar bridge loan. In fact, Chrysler and Fiat aren't even ...

Detroit CEOs and UAW chief summoned to Washington 1 year ago on Autoblog

When Congress wants to hand out money, it apparently wants to include everybody. Barney Frank, Chairman of the House Financial Services Committee, is likely to propose a measure that lets automakers tap into the $700 billion vein of rescue dollars that's ostensibly intended for financial ...

Paulson: Automaker aid won't come from financial bailout money 1 year ago on Autoblog

Some U.S. policymakers believe that the domestic auto industry needs a multi-billion $hot in the arm, but the sticking point seems to be where to find the funds. Rep. Barney Frank (D-Mass.) is calling for a portion of the financial sector's $700 billion TARP buyout to be apportioned to Detroit, but ...






Autoblog Podcast #152: Paukert Enhanced!

Chris Paukert joins the usual crew of Chris, Sam, and Dan, summarily classing up the joint.

 
 

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