Equity Investment Private Equity Placement (Automakers Bailout Considered).

Private Equity Placement: Corporates next in line for government bailouts.

“Private Equity Placement” reportedly believe that the so-called Big Three US automakers will be next to benefit from a bailout from the US government as sales dry up in the face of the credit crunch ravaging the US economy. “Private Equity Placement” cited reports that House Speaker, Nancy Pelosi, is keen to bring legislation before Congress. General Motors, Ford and Chrysler have been hit hard by the slowdown in the US market and their stock prices have fallen dramatically. Reports suggest that they are using $1 billion per month to keep operating and that they will be out of money by the 2nd quarter of 2009. “Private Equity Placement” have reportedly suggested that the firms were already in trouble before the onset of the global financial crisis largely owing to the nature of the vehicles they were producing. Criticism has been leveled at all three for continuing to produce large-engined, “gas-guzzlers” in an era where the concept of cheap oil was outmoded. An unnamed source close to “Private Equity Placement” suggested that the companies have simply been badly managed and should be allowed to go into bankruptcy were it not for the millions of jobs directly and indirectly linked to their existence. President-elect, Barack Obama, has indicated his support for financial assistance for the Big Three but is also believed to be keen to attach conditions that would force them to produce more fuel-efficient vehicles.