Bush considering “orderly” auto bankruptcy
The Bush administration is seriously considering “orderly” bankruptcy as a way of dealing with the desperately ailing U.S. auto industry.
“The president is not going to allow a disorderly collapse of the companies,” White House press secretary Dana Perino said Thursday. “A disorderly collapse would be something very chaotic that is a shock to the system.”
Clarion Ledger
12/18/8
About the Author(s)
Magnolia Tribune
This article was produced by Magnolia Tribune staff.
More Like This
More From This Author
News
|
Jonathan J. Cooper, Associated Press
, Humera Lodhi, Associated Press
, Simran Parwani, Associated Press
•
May 6, 2026
Takeaways from Indiana, Ohio and Michigan: Trump’s flex pays off and Democrats win special election
Trump took aim at seven Republican state senators in Indiana who opposed his plan to redraw congressional district boundaries to help the party gain seats in the U.S. House. His intervention mostly paid off.
