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Also remember that the Gov't bailed out Chrysler back when and Iacocca went on to pay back the loan early and Chrysler ultimately became more successful. That was what good management can do.
It also shows that the gov't is unlikely to let one of the big three bite the dust.
But...I don't think GM is even close to needing a gov't bail out. More likely they will close up some of the divisions...like Buick.
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1967 R50/2
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