BUSINESS

Tim Geithner: Chrysler, GM Head U.S. Manufacturing's 'Comeback'

06/01/2011 08:43 am ET | Updated Aug 01, 2011

Nothing about the president’s call was popular. It may have been more politically expedient to let Chrysler fail. But the president knew that if Chrysler collapsed, tens of thousands of jobs would have been shed in the near term — a body blow to an economy already on the ropes.

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