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After becoming the first african american president, barack obama helped bail out the banks and auto industry.

a. True
b. False

2 Answers

7 votes

The answer is true. President Barack Obama helped bail out the banks and auto industry.

User Ekta
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6 votes
False, On December 19, George W. Bush announced that he had approved the bailout plan, which would give loans of $17.4 billion to U.S. automakers GM and Chrysler.
User Narayan Adhikari
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8.7k points