Podcast

Hear: Bankruptcy Goes Big Time

Halloween

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Today on Planet Money:

We get your questions answered. A lawyer explains how a General Motors bankruptcy would work, and a corporate tax expert breaks down a significant change in the tax code.

— Bankruptcy attorney Steve Jakubowski says Chapter 11 won't work for GM.

— Corporate tax law expert Robert Willens adds up the windfall from a one-line change in the tax code.

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