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(Studio: Scott Pelley) The bailout of General Motors in 2009 recalled.
(Studio: Anthony Mason) The Treasury Department’s sale of its GM shares at a loss to taxpayers of 10 billion dollars examined; the cost of the Chrysler bailout and the profit from TARP investments cited. [President OBAMA – says he decided to save the auto industry from collapse.] [In 2010, car czar Steve RATTNER- says not bailing them out would have been an economic disaster.]
- Pelley, Scott;
- Mason, Anthony
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