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Automakers pitch Congress anew on rescue

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katty Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-04-08 05:58 PM
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Automakers pitch Congress anew on rescue

more: http://apnews.myway.com/article/20081204/D94S05EO0.html

Automakers pitch Congress anew on rescue

Dec 4, 11:13 AM (ET)

By KEN THOMAS

WASHINGTON (AP) - Humbled U.S. automakers pleaded with Congress Thursday for an expanded $34 billion rescue package, but heard fresh skepticism in a bumpy encore appearance.

"We're here today because we made mistakes," General Motors chief executive Rick Wagoner told the Senate Banking Committee in prepared testimony.

The three executives made the trip in new-model autos made by their respective companies, two weeks after a botched attempt for aid that included harsh criticism of corporate leaders who flew here on private jets to beg for money.
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