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IPFS News Link • Economy - Economics USA

Auto Bailout Edges Closer To An 'Orderly' Bankruptcy - Where GM Will Die

12-18-08 • CNBC.com/

"The president is not going to allow a disorderly collapse of the companies," White House press secretary Dana Perino said Thursday. "A disorderly collapse would be something very chaotic that is a shock to the system."

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