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Reuters: GM, Chrysler considering bankruptcy to get bailout: report

Started by chris, December 04, 2008, 06:59:16 AM

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chris

GM, Chrysler considering bankruptcy to get bailout: report
      


(Reuters) - General Motors Corp and Chrysler LLC are considering accepting a pre-arranged bankruptcy as the last-resort price of getting a multi billion dollar government bailout, Bloomberg reported, citing a person familiar with internal discussions.<div class="feedflare">
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