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Reuters: "Car czar" proposed for any automaker bailout

Started by chris, December 07, 2008, 03:59:17 PM

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chris

"Car czar" proposed for any automaker bailout
      


WASHINGTON (Reuters) - A government "car czar" would oversee any bailout of U.S. automakers under proposed terms being negotiated by the White House and Congress for extending up to $17 billion in emergency loans that mainly aim to spare General Motors Corp and Chrysler LLC from bankruptcy.<div class="feedflare">
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