Big Three back before Congress
Economy | The top auto executives spend two days in Washington asking Congress for $34 billion-$9 billion more than last time
by Emily Belz
Posted 12/04/08, 12:00 am
WASHINGTON-Chastised and having driven 525 miles from Detroit in hybrids instead of flying in corporate jets, the top executives of the Big Three U.S. automakers presented renewed pleas to Congress for federal funds to save their companies.
"We're here today because we made mistakes, which we're learning from," General Motors CEO Richard Wagoner told the Senate Banking Committee on Thursday.