NPR: Hear: Bankruptcy Goes Big Time

Hear: Bankruptcy Goes Big Time

The man of the hour.

Alex Wong/Getty Images

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.

Download the podcast; or subscribe. Intro music today: Led Zeppelin's "Dazed and Confused." Get the opening clip in full. Follow our Twitter feed. Join our Facebook group.

Caitlin Kenney

6:50 PM ET | 11-12-2008 | permalink

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