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Obama threatens US car industry with bankruptcy 
EducationGuardian.co.uk | by Andrew Clark | Mon, Mar 30
EducationGuardian.co.uk is the #6 News Source for Chrysler
Between them, GM and Chrysler have already received $17.4bn of emergency loans from the federal government. But GM has asked for a further $16.6bn and Chrysler, which is owned by the private equity company Cerberus, wants another $5bn to restore stability.
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