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Big Three Beg Billions

Posted by jpmax 1262 days ago (http://inspiredeconomist.com)
Category: Economy | Tags: : cerberus chrysler ele electric cars
The White House and Congress are near a bailout for the “Big Three” auto manufacturers with a $15 billion loans. This is supposed to be a bridge loan to tide them over until the market improves. Will the market improve enough to pay back the loan or is this a bridge to nowhere?
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