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Auto Bailout

Re "Ottawa going to Wash. to suss out automakers aid package." (Nov 18):


The auto industry is too important to be allowed to bottom out. However, the bailout should carry two conditions: The federal and contributing provincial governments should become major, but not majority, shareholders, and the entire top management of the "Big Three" should be replaced by Japanese auto executives.

William Bedford Toronto, Ontario

Read next: Navigating Secured Auto Credit Post-Bankruptcy: A Legal and Practical Roadmap

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