{"id":10068,"date":"2008-12-09T19:43:49","date_gmt":"2008-12-09T19:43:49","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/wall_street_journal_us_could_take_stakes_in_big_3\/"},"modified":"2008-12-09T19:43:49","modified_gmt":"2008-12-09T19:43:49","slug":"wall_street_journal_us_could_take_stakes_in_big_3","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=10068","title":{"rendered":"Wall Street Journal: U.S. Could Take Stakes in Big 3"},"content":{"rendered":"<p>Congress and the White House inched toward a financial rescue of the Big Three auto makers, negotiating legislation that would give the U.S. government a substantial ownership stake in the industry and a central role in its restructuring.<\/p>\n<p>Under terms of the draft legislation, which continued to evolve Monday evening, the government would receive warrants for stock equivalent to at least 20% of the loans any company receives. The company also would have to agree to limits on executive compensation and dividend payments, much like those contained in the government&#8217;s $700 billion rescue of the financial industry.<\/p>\n<p><a href=\"http:\/\/online.wsj.com\/article\/SB122875608562688401.html\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Congress and the White House inched toward a financial rescue of the Big Three auto makers, negotiating legislation that would give the U.S. government a substantial ownership stake in the industry and a central role in its restructuring. Under terms<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=10068\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,149,598],"tags":[],"class_list":["post-10068","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-economy","category-the-possibility-of-a-bailout-for-the-u-s-auto-industry"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/10068","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10068"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/10068\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}