That auto restructuring last year was a disaster, wasn't it:
A year after the U.S. government swooped in to rescue two crippled auto giants, the car business is showing signs of life againand so are local economies across the heartland that depend on it.
As soon as General Motors Co. and Chrysler Group LLC finished racing into and out of bankruptcy court last fall, orders for headlamps and other car parts began streaming back to two factories here in this southern Illinois hamlet. The factories quickly re-hired about 400 of their 550 laid-off workers, giving Flora, Pop. 4,772, a big shot in the arm.
Local businesses are perking up...
Just like the bank bailout - which now looks like it will make a profit.