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biz_auto_bailout_bullets_081210.ID_WB = 28161295;
biz_auto_bailout_bullets_081210.sPubDate = "12/10/2008 7:24:47 PM GMT";
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biz_auto_bailout_bullets_081210.appHeader = "bailout|The highlights";
biz_auto_bailout_bullets_081210.appDeck = "Key points of bailout legislation for the Detroit-based U.S. automobile manufacturers:";
biz_auto_bailout_bullets_081210.appFooter = "Source: Associated Press";
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biz_auto_bailout_bullets_081210[i++] = new Array("","Loans","","","","", "", "", "", "", "", "", "", "", "", "", "", "", "", "");
biz_auto_bailout_bullets_081210[i-1].body = "$14 billion in low-interest loans made available to General Motors Corp., Chrysler LLC and Ford Motor Co. GM and Chrysler are expected to apply for loans. Ford says it will not.<br>";

biz_auto_bailout_bullets_081210[i++] = new Array("","Restructuring plans","","","","", "", "", "", "", "", "", "", "", "", "", "", "", "", "");
biz_auto_bailout_bullets_081210[i-1].body = "Companies receiving taxpayer assistance must develop plans by March 31, 2009 to restructure their businesses into viable enterprises. Failure to do so would require repayment of the loans within 30 days.";

biz_auto_bailout_bullets_081210[i++] = new Array("","Car \"czar\"","","","","", "", "", "", "", "", "", "", "", "", "", "", "", "", "");
biz_auto_bailout_bullets_081210[i-1].body = "President Bush will name a so-called car czar to facilitate negotiations among stakeholders such as the companies, the United Auto Workers Union, creditors, retirees, suppliers and automobile dealers to develop long-term plan for viability.";

biz_auto_bailout_bullets_081210[i++] = new Array("","Taxpayer protections","","","","", "", "", "", "", "", "", "", "", "", "", "", "", "", "");
biz_auto_bailout_bullets_081210[i-1].body = "Taxpayers would be first in line to be paid back &#151; ahead of other creditors. The United States government would have the right to purchase non-voting shares in the companies.";

	// END editorial data
