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If Sergio Marchionne wanted to give President Obama a bit of a feel-good boost in his second term, it would be hard to find a better present than the IPO of a reborn Chrysler on the New York Stock Exchange. The Canadian boss of Fiat isn’t one for political gestures, but the listing of a merged Chrysler and Fiat, an idea that was floated in yesterday’s Wall Street Journal, would be the final triumphant proof that the President’s decision to bail out Chrysler in 2009 with $7-billion (U.S.) of government money was the right thing to do.Report Typo/Error
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