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Newspaper wrap-up: Washington Mutual to exit wholesale lending?

MAJOR PAPERS:
  • General Motors Corporation (NYSE: GM) and Ford Motor Company (NYSE: F) want to export more of their vehicles around the globe, and are getting a lift from new labor contracts and the weak dollar, which they believe will translate to bigger profits, the Wall Street Journal reported.
  • The Wall Street Journal also reported that former Fed chairman Alan Greenspan has been criticized for how he handled the economy before retiring two years ago, and is under attack for policies that many say started the current financial crisis.
OTHER PAPERS:
WEB SITES:
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Last updated: July 09, 2009: 09:25 PM

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