Dragging GM and Chrysler to the altar

There are rumors that the government will try to merge GM and Chrysler together however both companies claim that they will be better off separate. Both these companies are trying to prove that the money the government gave them is worthwhile. There have been previous talks for companies to merge together. The two auto companies believed the cost of shutting down excess factories would be far more than they can bear. Both the auto manufacturers are asking another 26 billion dollars from the government. I believe that it is going to be worse fro the economy this year with both these companies laying of workers. Chrysler plans on cutting 3000 workers and GM plans on cutting 20000 workers. If the government continues to fund these companies then the government will try to choose the best solution.

http://money.cnn.com/2009/02/20/news/companies/auto_panel/index.htm?postversion=2009022015