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Auto industry to press Congress for $50B in loans (AP via Yahoo! News) Auto industry allies hope to secure up to $50 billion in government loans this month that would pay to modernize plants and help struggling car makers build more fuel-efficient vehicles.
Auto industry to press Congress for $50B in loans (San Francisco Chronicle) Auto industry allies hope to secure up to $50 billion in government loans this month that would pay to modernize plants and help struggling car makers build more fuel-efficient vehicles. With Congress returning this coming week from its summer break, the...
ICI moves into leveraged loans (eFinancial News) The £7.1bn (€8.8bn) retirement fund for the UK paints and chemicals group ICI has made a second investment in leveraged loans, as pension schemes and other cash investors, drawn by attractive prices, replace hedge funds and structured vehicles that have been forced to sell out of the market.
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