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How to Fix a Flat: Problems with the Auto Industry Bailout, 2008-11-15 00:00:24
Last September, I was in a hotel room watching CNBC early one morning. They were interviewing Bob Nardelli, the C.E.O. of Chrysler, and he was explaining why the auto industry, at that time, needed $25 billion in loan guarantees. It wasn't a bailout, he said. ...Bookmark tags: business, congress, government, cars, bailout, automobiles, chrysler, auto-industry, detroid

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