“This company is still very much alive,...
“This company is still very much alive, and the successful turnaround of the Chrysler Corp. with government loan guarantees is an excellent example of how we could accomplish similar results.”
--William J. Popejoy, chairman of Financial Corp. of America, calling for a $1.5-billion federal bailout of his company’s American Savings & Loan unit, the country’s largest thrift.
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