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WASHINGTON -- Federal Reserve Chairman Ben Bernanke said Friday that the housing finance system being constructed following the collapse of the current system will need better safeguards to allow it to function during times of stress. - GM, Ford May Step Up Pleas for Help as Obama Wins (Update1) (Bloomberg)
Nov. 5 (Bloomberg) -- General Motors Corp. , Ford Motor Co. and U.S. auto-parts makers will greet President-elect Barack Obama with the same plea they have been making for months: We need help from Washington, and fast.
