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US President Barack Obama and GM CEO Rick Wagoner
"General Motors has received the second payment of its $13.4 billion loan approved by the United States government last December, officials of the American automaker confirmed today. GM yesterday said it may run out of cash as soon as March 31 in case the government does not provide the requested funds. The $5.4 billion payment was initially set to be transferred on Friday but, due to the complicated nature of the deal, the transaction was delayed, as representatives of the company explaine..." Continue Reading →
Photo credits: mlive.com
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