Treasury Secretary Paulson Says Auto Industry Falls Outside Scope of TARP

November 18, 2008 10:43 AM EST Send to a Friend
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On Capital Hill, Treasury Secretary Paulson, recently said he feels that the Automotive institutions fall outside the scope of the TARP program.

Note General Motors (NYSE: GM), Ford (NYSE: F), American Axle (NYSE: AXL), Johnson Controls (NYSE: JCI), Visteon (NYSE: VC), TRW (NYSE: TRW), Magna Int'l (NYSE: MGA), and Borg Warner (NYSE: BWA)[SM]

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