Bailout

The auto industry bailout continues to be a point of controversy among the general population of America, but the view of carmakers has made a bit of a comeback in the last few years.

General Motors' turnaround has been pretty dramatic. It's only been a couple years since the government bailed the company out. That bailout has turned into a major issue in the upcoming Republican primary in Michigan.

As news arrives that Greece will receive a fresh $170 billion from the rest of Europe, we are broadcasting from Michigan this week leading up to that state's primary. On the minds of citizens of Michigan? The big auto bailout of a few years back.

Just ahead of another meeting of European finance ministers in Brussels, Greece announces that they have agreed to the austerity cuts that would allow them to receive a much-needed $173 billion bailout.

The leaders of Germany and France met today to figure out a strategy to bail out the Euro. Is it too late?

The news from Europe this morning starts with Italy, which had to pay a euro-era record rate to borrow money from the bond market. Meanwhile, Hungary's bonds were downgraded to junk status.

Violent protests continue today in Libya. After reports of mass killings of anti-government protesters, the United Nations top human rights office...

UPDATE: Ireland will receive a $113 billion bailout from the European Union and International Monetary Fund to save its banks and pay down its de...

A poetic summary of where the bailout money went, and how we get it back....

... the company reports $1.3 billion in profits-- IPO to come Car dealers face higher demand with short supply New jobless claims rise again For...