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: Calculated RiskWaPo: Auto Bankruptcies Next Week: GM in, Chrysler out
By Anonymous
The Obama administration is preparing to send General Motors into bankruptcy next week under a plan that would give the automaker tens of billions of dollars more in public financing ...That is fast!The move comes as the administration prepares to lift the nation's other faltering car company, Chrysler, from bankruptcy as soon as next week ...
Full post as published by Calculated Risk on May 21, 2009 (boomark / email).
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Bankrupt auto supplier pays $1.25 million settlement.
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