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: CL&P Blog

GM Claims It Is on the Road to Profits, Will Pay Back Government Bailout by June

By Brian Wolfman

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Bf0f9e46813af16a We reported here last December that Bank of America paid back its $45 billion government bailout. And now General Motors claims that it has positive cash flow, will turn a profit in 2010, and will pay back its federal bailout by June.

Full post as published by CL&P Blog on April 07, 2010 (boomark / email).

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