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The Big Three are Testifying Now

Banking Chairman Sen. Chris Dodd (D.-Conn.) has a nice live stream of the hearing on his website if you want to watch. Click HERE.

Update: Chairman Dodd issued an explicit statement yesterday to tell the Big Three what he wants to hear in order to support the bailout. "Specifically, they must demonstrate a commitment to profitability and viability that includes raising fuel efficiency standards and reining in excessive compensation and perks like private jets."

That explains the decision to drive from Detroit to Washington.

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