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		<title>Dodd Stresses Importance of Auto Bailout, Has Message for GM</title>
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		<pubDate>Mon, 08 Dec 2008 00:00:00 +0000</pubDate>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Saying that GM is in the &#8220;worst shape,&#8221; Senate Banking Committee Chairman Christopher Dodd told the struggling automaker that they&#8217;ve got to consider new leadership if they want to receive federal aid.&#160; The comments prompted many to believe he was referring in fact to GM CEO Richard Wagoner, whom Dodd said [...]]]></description>
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		<title>Automakers to Present Amended Bailout Plan to Congress</title>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; The debate on whether or not to grant the big three Detroit automakers billions in bailout funds continues as Democratic leaders set a timetable for the companies to present a &#8220;credible restructuring plan.&#8221;&#160; In a letter sent Friday to GM&#8217;s Rick Wagoner, Ford&#8217;s Alan Mulally and Chrysler&#8217;s Robert Nardelli, Speaker of [...]]]></description>
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		<title>Automakers Plead to Congress for $25 Billion Bailout</title>
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		<pubDate>Wed, 19 Nov 2008 00:00:00 +0000</pubDate>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Auto executives stood before Congress yesterday and requested a $25 billion rescue package, pleading that their industry was going under fast. After allocating billions to bailouts in recent months, the auto industry was met with quite a bit of reluctance from many of the same individuals who were all for the [...]]]></description>
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