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The main difference is that under the financial bailout, the government has invested billions of dollars directly into banks in return for an ownership stake. For the auto industry, discussions haven't centered on the government taking partial ownership of the companies.
The Treasury Department has limited participation in the $700 billion bailout to financial companies that can then use the money to make loans. Some analysts think the auto financing companies would have to convert to banks or thrifts to be eligible.
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