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auto sales

Paulson changes course on bailout

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Treasury Secretary Paulson now says they won't use the $700 billion blank check from taxpayers to buy up bad mortgages and get them off the books of failing banks, and instead will buy equity and encourage them to use the cash to start lending again.

Paulson changes course on bailout

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Treasury Secretary Paulson now says they won't use the $700 billion blank check from taxpayers to buy up bad mortgages and get them off the books of failing banks, and instead will buy equity and encourage them to use the cash to start lending again.

Auto sales at 15 year low, also: secret credit scores?

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Auto sales are at a 15 year low and expected to decline further next year. Contrary to news reports, it's been brewing for a while and not necessarily related to the recent "credit crunch."

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