From Forbes:

“The Obama administration said Thursday it would provide up to $5 billion in a revolving credit facility to guarantee payments owed to thousands of companies, employing some 500,000 people, that supply critical parts to U.S. automakers.”

“…banks won’t loan to auto suppliers under any circumstances, even with a government guarantee…the banks said, ‘Once we figure out what the government is going to do with GM and Chrysler, then we may reconsider.’ But right now, they’re not inclined to loan any more money to the auto industry.”   Hmmmm, we wouldn’t be surprised if Citi (being now controlled by the government) somehow soon finds a way to lend to them…