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Auto 'recovery' tainted without supplier payment

Published: April 6, 2009

Auto ‘recovery’ tainted without supplier payment

President Barack Obama last week lifted from the fog of debate the ground rules of engagement for a federal bailout of General Motors and Chrysler. And as one in 10 American workers tied to the auto industry hold their collective breath over the abilities of the industry executives, one can almost hear the refrain of the old Chevy “Heartbeat of America” commercial.

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