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Reuters: GM pledges faster cost-cuts in return for bailout

Started by chris, December 04, 2008, 04:59:18 PM

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chris

GM pledges faster cost-cuts in return for bailout
      


WASHINGTON (Reuters) - General Motors Corp pledged to Congress on Thursday that it would accelerate labor and other cost cuts and try to reduce its mountainous debt in return for a government bailout.<div class="feedflare">
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