Can you spare a billion ?
Congressional sources say that Chrysler Corp. representatives have warned them that unless financial aid comes forth by the end of the year, the stricken automaker may have to close its doors. Two months ago, Chairman John Riccardo was telling legislators that the company would need some federal assistance by early next year, but last week's long awaited announcement of the company's $207 million second-quarter loss has compressed that timetable. A shutdown of the nation's tenth largest manufacturer (1978 sales: $13.6 billion) and sizable defense contractor ($625 million...
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