U.S. auto rescue would include govt equity - Chrysler
PALM DESERT, California (Reuters) - Chrysler Chief Executive Bob Nardelli said on Thursday that he expects any U.S. government bailout of the U.S. automakers to include a government equity stake in the companies.
Nardelli also said a portion of the $25 billion (17 billion pounds) of low-interest loans already approved for automakers to make capital expenditures towards improving fuel economy should be allowed to fund a shared development centre.
(Reporting by Kevin Krolicki)
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Bolton bets on China
Top-performing fund manager Anthony Bolton says he plans to return to managing money next year, with a focus on the increasingly important Chinese market. Full Article

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