Title: Stocks fall as auto plans rejected

" Careful -- now we've determined that neither go far enough. -- and for our request."

" President Obama -- market split and spiraling down 254. Point investors get after the president. Reid -- and drink plant crumble right and he added but I am ready -- in Needham with the very latest on."

" well -- we can tell you that the markets essentially do what they did they were reacting to the president's decision to reject those turnaround plans from Chrysler. And -- I have no earlier today the president insisted both GM and Chrysler fundamentally restructure. In order to qualify for more federal funds that news isn't that sent the stock tumbling. President saying the auto industry and not moving fast enough in the right direction. Sixty said he won't -- industry ban but he's refusing to hand out another taxpayer bailout. GM and Chrysler a building structure and start producing electric vehicle."

" And we cannot continue. To take -- fort. We cannot make the Bible of our auto industry dependent on and on ending all. Tack Payer dollars."

" Effectively the market was reacting to that but now the government. Stepping in and firing CEOs of companies. That threat of nationalization which I think it's basically stated the most likely unfounded. Nevertheless certainly was given credence we and we administration once again. -- handled an economic issue of their political."

" Well now GM has about sixty days to map out a new strategy about Chrysler has thirty days to map out a deal with the guy. We're live here in -- Sharman Sacchetti Fox25."