The US government will take a 60 percent ownership stake in General Motors and extend an additional $30 billion to the automaker as part of a post-bankruptcy restructuring of the company, the White House announced tonight. GM is expected to...
Kenneth Feinberg, a Brockton native and administrator of the Sept. 11 Victim Compensation Fund, is under consideration to oversee the $15 billion bailout of the auto industry, the Associated Pressreports.