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U.S. rejects GM's call for help in a merger - International Herald Tribune
DETROIT : The Treasury Department has turned down a request by General Motors for up to $10 billion to help finance the automaker's possible merger with Chrysler, according to people close to the discussions. Instead of providing new assistance, the Treasury Department told GM on Friday, the ...
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Only $25 Billion-plus for GM and Chrysler and Ford?
Hit & Run — ... merger that could cost tens of thousands of jobs. But it remained unclear whether the officials were also seeking to avoid making any decision that would conflict with the goals of a new presidential administration. The Democratic candidate, Senator Barack Obama, has said in recent days that he supports increasing aid to the troubled auto companies, while Senator John McCain has not said whether he would support aid beyond the $25 billion. More here. My sympathies are with the owners of GM and Chrysler cars, not those products' ...

Heaping on the Foreign Policy Plate
Newshoggers.com — ... Which perhaps indicates -- I'm speculating wildly here -- that GM might seek some financial relief from Moscow since the Bush administration has so far rebuffed a request for $10 billion in aid to grease the wheels of a merger with Chrysler, despite the ...

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