Financial news on December 21, 2008
Business and Financial news
Canada Agrees to Its Own Auto Bailout
The governments of Canada and its Ontario province offered the industry 4 billion Canadian dollars in emergency loans. Read more..
Howard Pack, 90, Magnate and Innovator in Shipping, Dies
Mr. Pack, who as president and later chairman of Seatrain Lines was a leader in the industry in changing the way ships carry goods from port to port. Read more..
White House Philosophy Stoked Mortgage Bonfire
President Bush, who vowed to spread the dream of homeownership, is leaving office amid a downturn rooted in the housing sector he so ardently championed. Read more..
See what else happened on December 21, 2008