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Professor: GM Must Confront Financial Challenges

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Professor: GM Must Confront Financial Challenges

Economy

Professor: GM Must Confront Financial Challenges

Professor: GM Must Confront Financial Challenges

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  • <iframe src="https://www.npr.org/player/embed/96945344/96945316" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
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Advocates for the nation's automakers are warning that the collapse of General Motors could set off a catastrophic chain reaction in the economy. Douglas Baird, a professor at the University of Chicago Law School, says in order to fix its financial problems, GM needs to confront its challenges head on. Baird tells Ari Shapiro that getting a bailout won't solve the car companies' problems.