Big Three autos plead for help
Published:
19 November 2008 y., Wednesday
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The leaders of the so-called Big Three of the U.S. auto industry-- General Motors, Ford and privately-held Chrysler-- were on the hot seat on Capitol Hill as they pleaded with members of the Senate Banking Committee to pass a 25 billion dollar rescue package --aimed at bolstering struggling automakers. The Bush Administration let it be known that the White House is opposed to such a loan package.
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