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IPFS News Link • Economy - Economics USA

U.S. auto CEOs seek $50 bln in federal aid

11-6-2008 • Reuters

Chief executives of distressed US auto companies sought a $50 billion federal bailout to survive a financial crisis blamed on a worsening economy and the "near collapse" in demand for cars. The 3 executives took back stairways and side elev

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Reported By Powell Gammill

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U.S. auto CEOs seek $50 bln in federal aid

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