SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Sharck Soup
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sharck who started this subject9/20/2001 8:28:23 AM
From: Teri Garner   of 37746
 
01:13 ET Airline Bailout : President Bush expected to announce a multibillion-dollar aid package for the troubled airline industry, including $5 billion in cash, reports the Wall Street Journal... Aid package would also include an offer by the government to take on potential liability for the cost of court awards to the victims of last week's terrorist attacks that exceed the limits of the air carriers' or other relevant insurers' insurance policies... President also expected to propose, in tonight's speech before a joint session of Congress, that the government use $3 billion of the $40 billion emergency fund approved by Congress to pay for enhanced security and safety measures... Though any assistance at this point will be much appreciated by airline industry, Bush proposals fall well shy of industry requests... In particular, Administration has put on hold a proposal by airlines for federal loan guarantees of more than $11 billion... Congressional members of both parties termed Bush's bailout plan an opening bid, subject to change.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News