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government bailout

General Motors Chief Executive officer Daniel Akerson at the 2011 Automotive News World Congress
(Photo by Bill Pugliano, Getty Images)
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Government Will Lose $14 Billion from GM Bailout

Spin Doctors--in reverse.  After touting the repayment of Chrysler's 5.9 billion bail out loan from the Feds, the government's National Economic Council released a report today saying the Federal Government will lose approximately 14 billion in taxpayer funded money in the GM bailout.

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