In the slipstream of Wall Streetas woes, the Big Three land a huge subsidyDETROIT seems to be where Wall Street meets Main Street. Tight credit is reckoned to have cost the American carmakers 40,000 sales in August, worth about $1 billion in revenue. The impact has been felt most by Americaas Big ThreeaGeneral Motors, Ford and Chryslerawhich have suffered this year as consumers shunned gas-guzzlers in favour of the smaller cars mostly made by Japanese firms in American factories. Overall light-....
The Economist: Business
