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(Studio: John King) Report introduced.
(Washington: Joe Johns) The unveiling by GM and Chrysler of restructuring plans while asking for more bailout money examined; details given about the importance of cutting the auto workforce. [GM chairman/CEO Rick WAGONER- comments on how bankruptcy was risky.] [In Chrysler conference call, vice chairman Jim PRESS- outlines three models not to be produced.] [University of Maryland economics professor Peter MORICI- says they have to tell us more about their labor agreements.] The question of bankruptcy for the automakers discussed.
- King, John;
- Johns, Joe
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