Obama said that carmakers like G.M. and Chrysler have come up with projections that do not qualify them to receive the billions of dollars for which they are asking.
President Obama ordered treasury secretary Timothy Geithner Monday to take all legal action needed to stop the payment of nearly $165 million in bonuses handed out by AIG to its executives, according to IHT.
The 700 billion dollar bailout that the government is trying to get passed to save the economy is causing quite a stir from the people in the United States. Seven hundred billion dollars is a lot of money, and can do a lot of things.
So the real question is, what would you do with all that money?