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Wednesday, 25 November 2009 09:33

Treasury: General Motors returns $140 million of bailout funds provided for parts suppliers

General Motors has returned $140 million of the $290 million it received from the government to support is parts suppliers.


The Treasury Department said Nov. 24 that the $140 million was part of the $2.5 billion pledged to GM to help the automaker's parts suppliers. The money came from the government's $700 billion bailout fund.

 

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