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Citing danger to the economy, President Bush approved an emergency bailout of the U.S. auto industry, offering $17.4 billion in rescue loans in exchange for tough concessions from the deeply troubled carmakers …
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Stocks on the go [HOT-RTRS] Real-Time Equity news [U E] U.S. stock market report [.N] 0945 ET 19Dec2008-U.S. stocks rise on auto bailout news …
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The White House tossed out no lifeline for the teetering auto industry Sunday, although President George W. Bush reiterated that he was considering using money from the $700-billion financial bailout fund to …
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