Automakers try selling Congress on industry rescue
Published 12/04/2008, Associated Press
Bailout could reach $34 billion, if approved
Two weeks after a botched attempt on Capitol Hill, repentant leaders of General Motors Corp., Ford Motor Co. and Chrysler LLC were appealing to the Senate Banking Committee today with three separate survival plans that include massive restructuring, the ditching of corporate jets and vows by CEOs to work for $1 a year.
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