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GM asks for another $18 billion bail-out money and plans to lay off 47,000

February 17th, 2009 · No Comments

This is unbelievable. General Motors on Tuesday said it could need up to $30 billion from the Treasury Department to keep operating. Included in that amount is $13.4 billion the company has already received. Previously, GM had said it could need as much as $18 billion. – Source: Yahoo Finance GM’s survival plan also calls […]

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