Paulson says bailout for automakers under consideration
Submitted by Aaron Ross on Wed, 12/17/2008 - 13:56In an interview on CNBC television, US Treasury Secretary Henry Paulson said on Tuesday that the Treasury and the White House are reviewing financial data from the automakers in considering options for a bailout, which will enable automakers to receive a federal aid package once the government drafts a suitable plan to ensure the long-term survival of auto companies.











