Friday, December 19, 2008
Detroit Reacts to News from Washington
Breaking news from Washington was welcomed in Detroit, as President Bush announced $17.4 billion in bridge loans for GM and Chrysler. The Free Press linked to 11 related stories and two opinion pieces from its home page. "Thank you, Mr. President," said the Tom Walsh business column. "Sigh of relief as Bush gets it, finally," said the headline on Stephen Henderson's blog. The Detroit News linked to an editorial, video, details of the plan and a cyber survey (Will the bailout plan work?). In other home page stories, the News printed a letter to Chrysler employees from CEO Bob Nardelli and reaction to the loans from GM's CEO Rick Wagner. Meanwhile, Detroit is being hit with a major snow storm that also is getting major play.
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