ANALYSIS-Chrysler badly needs cheap loans GM spurns


* GM drops bid for Energy Dep't loans key for Chrysler * Chrysler request for $3 bln in loans snags on collateral * DOE loans key to refinance Chrysler debt, cut costs By Deepa Seetharaman DETROIT, Jan 27 (Reuters) - General Motors Co has taken a big step away from the stigma of its government bailout, just as its smaller rival Chrysler Group LLC furiously lobbies Washington for $3 billion in subsidized loans. GM withdrew its application for $14 billion in low-interest loans from ...

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