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Out of the scrap yard

1 February 2011 By Antony Currie

Keeping Chrysler alive in 2009 was a controversial call. Meanwhile GMAC, rechristened Ally, sucked up $17 bln of taxpayers’ cash. Now, the two stragglers are following AIG and GM on the road toward recovery. Ally might even be worth enough to offset U.S. losses on Chrysler.

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