Some of the goals of the Bush auto bailout plan deal with real issues - but some don’t quite hit the mark.
NEW YORK (CNNMoney.com) — President Bush’s bailout plan contains some “targets” the government wants the automakers and the United Auto Workers union to achieve before agreeing to a bailout loan.
All of the terms are [...]

Dollar Slumps Below 90 Yen as U.S. Auto Bailout Fails in Senate
The dollar slumped below 90 yen for the first time in 13 years after the U.S. Senate rejected a $14 billion bailout for the nation
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Deal on $15 billion auto bailout
White House, congressional Democrats reach agreement that could bring quick vote on stopgap rescue plan.
The White House and leading congressional Democrats have reached an agreement on legislation to provide a stopgap bailout to U.S. automakers, according to officials from the administration and Congress.
White House Deputy Chief of Staff Joel Kaplan [...]

Obama sees need for auto bailout
By Steve Holland - Analysis
CHICAGO (Reuters) - Since his election last week, Barack Obama has largely avoided getting entangled in resolving issues now that will face him later as president, except for one big item: Bailing out the U.S. auto industry.
A heated debate has broken out in Washington over whether [...]