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View Full Version : White House readies new rescue for auto industry (AP)


Yahoo! Finance
12-12-2008, 04:21 PM
<b>Yahoo! Finance: Mutual Fund News</b>

With Congress gridlocked and the economy flailing, the Bush administration declared Friday it would step in and prevent the "precipitous collapse" of the U.S. auto industry and the disastrous economic impact of the hundreds of thousands of job losses sure to follow.

complete story here... (http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ap/081212/meltdown_autos.html?.v=40)