Follow BeltwayBlips on TwitterGM says it could fail in a matter of weeks
Published 12/3/2008 at L.A. Times - Politics
'There is no Plan B,' an executive says. The Big Three automakers now seek as much as $34 billion in U.S. aid.
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Turning to Washington for a lifeline, General Motors Corp. has asked lawmakers for up to $18 billion to stave off collapse, promising in return to slash executive pay and jettison its poorly performing brands.
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