May 2009
Las Vegas Business Press (10712186);5/25/2009, Vol. 26 Issue 21, pP13
This section offers business-related news briefs in the U.S. There is a plan by the U.S. government to help banks remove their distressed assets by early July 2009, according to Treasury Secretary Timothy Geithner. Housing starts posted a 13% drop in April 2009, according to figures from the Commerce Department. The government-backed bankruptcy of Chrysler LLC was criticized by former General Electric Co. Chief Executive Jack Welch for favoring unions at the expense of creditors, as well as U.S. President Barack Obama's economic stimulus programs.


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