Bailout Comes Through For GM, Chrysler
CNNMoney reports that the White House and Treasury Department today announced a $13.4 billion bailout for embattled automakers GM and Chrysler. Officials from the companies are expected to sign the papers later today. GM will receive $9.4 billion, while Chrysler is said to be lined up for $4 billion. We'll see how that works out. Full story here at CNNMoney.
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