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2.7%  Q1 GDP    4.57%  avg. 30-year mortgage     9.5%  Unemployment

Dec. 5, 2008

This is our largest industry. Are we going to watch it melt down by Christmastime? Because that's what we're facing."
— Jeffrey Sachs, Columbia University economist and author, on the fate of the auto industry.

By Editor  |  December 5, 2008; 3:38 PM ET
Categories:  Quotables  
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