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Archive Home > 2009 > March > 30 > Obama places conditions on more auto bailout funds

Obama places conditions on more auto bailout funds

Companies to get one last chance to submit plans, administration says

By Philip Elliott / The Bulletin
March 30, 2009

WASHINGTON — The White House says neither General Motors nor Chrysler submitted acceptable plans to receive more bailout money, setting the stage for a crisis in Detroit and putting in motion what could be the final two months of two American auto giants.

President Barack Obama and his....

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