November 18 year 2008 Stock Market The Big Threes
November 18 year 2008 Stock Market The Big Threes Big Three automakers running out of time- Detroit's Big Three automakers are running out of time in their quest to convince skeptical lawmakers that Congress should throw them a $25 billion lifeline. Given the concerns, Democrats in the Senate discussed but rejected the option favored by the White House and GOP lawmakers to let the auto industry use a $25 billion loan program created by Congress in September -- designed to help the companies develop more fuel-efficient vehicles -- to tide them over until President-elect Barack Obama takes office.