Reluctant to broaden its $700B financial bailout, the Treasury turns down a request by General...

|By:, SA News Editor

Reluctant to broaden its $700B financial bailout, the Treasury turns down a request by General Motors (GM) for up to $10B to help finance a merger with Chrysler. Instead, the Treasury says it will try to speed up the Energy Department's $25B loan program for fuel-efficient vehicles.