The Treasury Department on Friday said it stood ready to rescue the U.S. auto industry, capping another week of historic stresses on the economy.
"They thought perhaps they could have a twofer here maybe: Pierce the heart of organized labor while representing the foreign brands." - United Auto Workers president Ron Gettelfinger, on the collapse of negotiations with the Senate for
a $14 billion bailout
"For God's sake, I hope the president acts." - Mayor Virg Bernero of Lansing, Mich.
"GM already is bankrupt and should file for bankruptcy." - David Littman, senior economist for the Mackinac Center for Public Policy in Midland, Mich.