GM Takes Additional $2 Billion In Emergency Loans This Week Amid Bankruptcy Talk.
April 25th, 2009 by SIOTI Blogger
General Motors Building
The U.S. Treasury Department gave General Motors an additional $2 billion in emergency loans this week, brining the total lent so far to a whopping $15.4 billion. Total lending under the Automotive Industry Financing Program now totals $26.8 billion, including $5 billion to GMAC and $5.5 billion to Chrysler and its financing arm. Read More.
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