Further breaking news from Yahoo that the White House denies further bailout funds for GM and Chrysler.

http://finance.yahoo.com/news/Obama-...-14777855.html

Another from Wall Street Journal: "U.S. Sees Fiat Pact as Chrysler's Best Hope"
http://online.wsj.com/article/SB123838344107168599.html


Here's the good news for us:

"In an effort to bolster consumer confidence, Obama planned to announce government backing of warranties for GM and Chrysler vehicles. An administration official said there is no price tag yet associated with that promise."