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IPFS News Link • Obama Administration

Treasury Said to Plan "Second" GMAC Bailout

• NYtimes.com/
The Treasury Department has decided to bail out GMAC, the former financing arm of General Motors, with $7.5 billion, according to people familiar with the discussions, which would bring its total federal assistance to more than $12 billion.

www.universityofreason.com/a/29887/KWADzukm