Bailout Recipient Citigroup Gets Contract to Run ‘Cash for Clunkers’
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As the Senate gears up for debate this week on approving $2 billion more in "cash for clunkers" new-car rebates, Transportation Secretary Ray LaHood has vowed to work with the program’s main private contractor — Citigroup — to iron out any kinks in the system that auto dealers use to apply for taxpayer-subsidized reimbursements. Transportation […]