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I found a link to an English language Swedish news site (unfortunately can't post it here due to site rules). Several articles I've read indicate that GM has requested loan guarantees from the Swedish government to keep Saab in business. Saab was nationalized by Sweden in the early 90's. If GM can't sell Saab I assume one of two things will happen... 1) Saab goes out of business 2) Sweden nationalizes Saab again to prevent loss of Swedish jobs. Given the socialistic nature of the Swedish government I'll predict it will be #2.
posted by 76.24.60...
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