Automakers, Workers, and Michigan Pin Hopes on White House Assistance

Tags:

Justin Hyde and Todd Spangler from the Detroit Free Press Washington Staff: The Bush administration was considering some tough conditions for unions and creditors as it began Friday to craft a multibillion-dollar rescue of GM and Chrysler from the wreckage of a $14-billion plan that crashed in Congress this week. People familiar with the planning said Treasury officials expected to work through the weekend on a rescue drawing from the $15 billion remaining in the first half of the $700-billion financial industry bailout, and had spoken with GM Chief Financial Officer Ray Young. The exact size, scope and timing of any lifeline appeared uncertain, with officials weighing many options to prevent a collapse of two automakers within weeks.

Random Article from the SaturnFans.com Archives

River Days Attendees to Compete in "Kiss My Astra" Contest for Chance to Win Backstage Passes to Bon Jovi Concert

Saturn Logo

Saturn is offering 16 contestants from the River Days audience will be selected for the opportunity to prove just how much they love Jon Bon Jovi, by kissing the Saturn Astra. Contestants who compete in the car-kissing marathon will compete for a chance to win. All who participate will win tickets to Bon Jovi's July 7 concert at the Palace of Auburn Hills, and the winner will receive two passes to go backstage before the concert. The goal is to help raise awareness and donations for Habitat for Humanity projects in the Detroit area.