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Bailout bandwagon
Are automakers next? Then who?
U.S. auto companies on the brink of bankruptcy have been reduced to begging Washington for help, and beleaguered taxpayers may have little choice but to oblige. But after bailing out financial firms and banks and a global insurance company, where does it end?
When companies came cup-in-hand to Washington of late, taxpayers were often told they were too big to fail, that their demise would...
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