JENNIFER GRANHOLM

(Jennifer Mulhern Granholm)


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In the Meltdown of 2008, the American Auto Companies were in dire straights and faced bankruptcy with no certainty that the industry could stay alive., They were running out of money and President Obama decided to make loans, take stock and control and force modernizing on the industry. As a result, and with some Toyota mismanagement, the companies returned to profitability and paid back their government loans early and as a result the bailout had not cost the taxpayers any money. Creditors however were outraged that the lost their preferred advantage had their been a bankruptcy.


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Jennifer Granholm
Jennifer Granholm
  • Born: February 5, 1959
  • Nationality: American
  • Profession: Politician

Jennifer Mulhern Granholm is a Canadian-American politician, lawyer, educator, author, and political commentator serving as the 16th United States secretary of energy. A member of the Democratic Party, she was the 47th governor of Michigan from 2003 to 2011. She was the first woman to serve as Michigan's governor, and she earlier served as attorney general of Michigan.