Cafferty: Will Loss of Auto Makers Lead to a Depression?
September 1, 2010 by admin
Filed under Automakers
From the Cafferty File: A top executive at Chrysler, Vice Chairman Jim Press, is warning that the failure of just one of the Big Three automakers could drive the US economy into a depression. The CEOs of Chrysler, Ford and GM were back on Capitol Hill today asking for $34 billion in aid, just two [...]