Automakers dismiss bankruptcy; U.S. won’t totally rule it out

General Motors Corp. and Chrysler LLC, seeking up to $21.6 billion in additional federal aid to survive, said bankruptcy may cost the U.S. five times as much. The two automakers, in their most detailed exploration of bankruptcy, said it could cost taxpayers as much as $110 billion to finance the companies’ Chapter 11 restructurings. In separate ...

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Automakers dismiss bankruptcy; U.S. won’t totally rule it out

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