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No-go for Chrysler Purchase?

Denied!
Posted November 5 2008 11:52 AM by Scott_at_GMHTP 
Filed under: Gm News, General Gm Talk

The US Treasury tells GM N-O!


The additional $10 billion loan has been denied by the US Treasury, which GM needed to purchase Chrysler. The focus has shifted as the Bush administration is said to be speeding up the $25 billion loan that was approved by Congress in September for fuel efficient vehicles.

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