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GM to receive second Treasury loan installment of $5.4 billion on Jan. 16

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Old Jan 6, 2009 | 01:10 PM
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Default GM to receive second Treasury loan installment of $5.4 billion on Jan. 16

Troubled automaker GM will receive its second loan installment soon. GM will be getting a total of 9.4 billion US dollars this month. It may get an additional 4 billion more in February depending on US Congressional action.

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