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Car-maker 'crash' risks NY jobs and Wall St
Thu, Dec 11, 2008
Reuters
>NEW YORK - New York state could lose 230,000 auto jobs and its financial companies could suffer billions more dollars of losses on bad loans if the nation does not rescue Detroit's flailing car-makers, the state comptroller said on Wednesday.

"A collapse of one or more automakers would hurt upstate communities that are desperately fighting for every job, and hurt the already reeling financial services sector even more," Democratic Comptroller Thomas DiNapoli said in a new study.

 

 
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