Obama thinking on GM, Chrysler unchanged -official

Newswire

WASHINGTON, March 31 (Reuters) - President Barack Obama's thinking on the crisis facing General Motors Corp has not changed since Monday, a senior administration official told Reuters on Tuesday. "Nothing has changed on this," the official said when asked about a Bloomberg report that the president has determined that a prepackaged bankruptcy is the best way for GM to restructure and become competitive. "This report is not accurate." The White House wants the 60-day period for GM and a ...

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