Friday, October 3, 2008

Schwarzenegger: Calif. may need $7 billion loan

According to The Los Angeles Times, California’s Governor Arnold Schwarzenegger says California may need an emergency loan of up to $7 billion from the federal government.

California may need an emergency loan of up to $7 billion from the federal government within weeks, the Los Angeles Times on Friday quoted Gov. Arnold Schwarzenegger as saying in a letter to U.S. Treasury Secretary Henry Paulson.

No comments: