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At least if the Detroit 3 get loans, they'll keep building cars. The banks haven't been loaning out money but have instead used it to bolster themselves financially.
Dec 07 08:31 am
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All Comments by UH2L »Big Bank vs. Big Car: The Bailouts Have Just Begun [View article]
As for justification behind the Detroit 3 loans, read my article, from somebody that actually knows the auto industry...
uh2l.blogs.com/things_...