The 2008 financial crisis roiled the banking system and swamped the global economy, leaving millions of Americans jobless, underemployed or facing foreclosure. In its wake, Congress set out to overhaul how the government oversees Wall Street.
Twin Boro News
The government bailout of General Motors and Chrysler is one of the most polarizing issues of the presidential campaign. Many Americans wonder why $62 billion in tax dollars went to keeping the two automakers afloat in 2008 and 2009.
ET A Chevrolet Volt on a GM assembly line in Detroit. Would the U.S. auto industry be doing as well as it is today if it was Mitt Romney completing his first term as president? Romney argues that his plan for the industry in his now-famous November...
Here in large part is what the President last night had to say on the subject : If we had taken your advice Governor Romney about our auto industry, we'd be buying cars from China instead of selling cars to China. If we take your advice with respect...
Los Angeles Times
In a presidential debate that was supposed to focus on foreign policy, the most contentious dispute over who was telling the truth was the exchange between President Obama and Mitt Romney over Detroit. "You know, if we had taken your advice, Gov.