Rental car companies latest to seek TARP funds
Filed under: Etc., Government/LegalFeel that breeze? It’s the draft coming through the front door. The door that was opened a crack to let in the banks and Detroit Three but has been pushed wide open. The latest industry to claim distress is from another automotive sector, the rental car business. Yes, The Wall Street Journal is reporting that rental car agencies are now seeking Troubled Asset Relief Program funds, too.The backstory goes like this: As the economy has tanked, business and leisure
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Tags: Bank, Business, Government, Wall Street