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Reuters: Automakers see loan prospects rise

Started by counter, September 12, 2008, 03:00:41 AM

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Automakers see loan prospects rise
      


WASHINGTON (Reuters) - A bid by struggling automakers to win $25 billion in low interest government loans on Thursday received a boost in the House of Representatives and a hopeful sign from regulators who have begun drafting criteria for how such a program would work, officials said.
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