Bush plays down bailout for U.S. automakers -WSJ

Newswire

WASHINGTON, Jan 26 (Reuters) - U.S. President George W. Bush said General Motors Corp. and Ford Motor Co. should develop more appealing products rather than look to Washington for help with their heavy pension burdens, The Wall Street Journal reported on Thursday. In an interview on Wednesday, Bush said he had not talked to the struggling companies about their finances but hinted that he would take a dim view of a government bailout of the top two U.S. automakers, the newspaper reported. ...

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