"To close this important gap in our regulatory structure, legislative action is needed that would subject all systemically-important financial institutions to the same framework for consolidated supervision that currently applies to bank holding companies."

VOA: standard.2009.10.01

General Motors says it will lay off nearly 50,000 employees this year and that it plans to close five assembly plants, eliminate thousands of dealerships and reduce the number of its brands from eight to four - all in an effort to stay afloat.

VOA: standard.2009.03.30