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National Summit Arrives Amid Economic Trouble

Stock quotes in this article: C , COP , DAL , DOW , F , MSFT  

JEFF KAROUB

DETROIT (AP) — The country's economic troubles already were brewing when organizers announced in September that business and other leaders would gather here to craft a plan for keeping the U.S. competitive in manufacturing, energy, technology and environmental efforts.

But few predicted the plunge to follow: Banks failed, stocks plunged, homes foreclosed and two once-mighty U.S. automakers landed in bankruptcy court. Congress has poured billions into hopeful fixes, and the new president has made it a personal mission to right the U.S. ship.

So, where does that leave the three-day National Summit, which starts Monday and brings more than 90 leaders from the public and private sectors to the especially hard-hit Motor City? The answer: scaled back but no less determined to do something. ...

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