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Old 12-10-2008, 07:06 AM
 
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DETROIT (AP) - Lee Iacocca, the man who led Chrysler through a government bailout in the late 1970s, says the CEOs of Detroit's automakers should not be forced to quit as a condition of getting government loans.

Iacocca, Chrysler's retired chairman and chief executive, said in a statement Tuesday that now is not the time to make executive changes, as suggested by Senate Banking Committee Chairman Chris Dodd, D-Conn.

Iacocca says US auto execs shouldn't be ousted
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