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Text size [+][-]  Saturday November 21 2009GLOBAL EDITION

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26 Nov 2008 17:31

All I want for Christmas



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General Motors, Chrysler and Ford are due to submit restructuring plans to Congress on December 2 in their attempt to persuade lawmakers to provide them with a $25bn bridge loan. After reviewing the plans, Congress may reconvene for an emergency session to hear more testimony from the car company executives.

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The GM chief and his counterparts at Chrysler and Ford have been shunned by banks and investors. And Congress has, so far, rejected their pleas for aid. With Christmas upon us, Wagoner might consider penning a note to Saint Nick. Here’s what he might ask for.

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