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Big Three Want $34 Million

The CEOs of the big three automotive companies were in D.C. to make the case for an auto industry bailout. A new jobless report showing over 500,000 layoffs in November alone have given backers of the an automotive bailout extra amunition. There is concern that the Big Three won't make it even with the loan. The auto execs are warning that the fallout from not loaning the auto firms money could mean millions more jobs will be lost.



Tags: auto-bailout | bailout | big-three

Posted on December 5, 2008
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