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GM, Chrysler win U.S. aid to prevent collapse
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12-19-2008, 12:50 PM
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GM, Chrysler win U.S. aid to prevent collapse
President George W. Bush announced a $17.4 billion government loan program on Friday to bail out General Motors and Chrysler LLC, saying it would be irresponsible in a time of economic crisis to let the automakers collapse in chaos.
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