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Super Bowl ads hit a low note this year?

Fed Ex and others have already pulled their Super Bowl adsĀ  for the February 1st NBC broadcast. NBC said that most of the ad spots had sold by mid-January for $3 million for a :30 spot.
So this could be a much more toned down year …

After $700 billion, guess who’s lending

GMAC, the primary lender for GM is offering zero percent financing on some GM models for the next couple of weeks. After getting $5 billion from the bailout plan, it plans on taking the money and actually lending it to consumers to buy cars from …

Banks still not lending

So, even after the bailout plan passing and all the money being dealt out to the banks, why are people still not able to get loans?
The banks are getting great rates to lend to each other, but lending to individuals is at a stand-still. …

Canadian government offers $4 billion (CAD) to auto makers

The Canadian federal, as well as Ontario, government will be providing $4 billion Canadian dollars ($3.29 billion U.S. dollars) to the Canadian subsidiaries of the Detroit Three automakers.
“The Canadian plan will provide General Motors Canada with loans of up to 3 billion Canadian dollars ($2.47 …

Auto industry gets loans, stocks respond

The auto bailout was passed last week for GM and Chrysler. Bush signed the bailout for them to receive $17 billion in loans. There were some fairly steep stipulation to the loans, but at the same time there is still very little structure to the …