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A Real Bailout for Auto Makers

IS A BANKRUPTCY THE BEST OPTION FOR GENERAL MOTORS, Chrysler and Ford ? While their CEOs insist otherwise and the risks would be high, a growing chorus of outsiders says yes. "It's the only real option that would allow GM to take the steps necessary for its long-term survival," asserts John Casesa, managing partner of New York's Casesa Strategic Advisors.
Sunday 30 November, 2008 08:54 PM

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