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Is What's Good For Automakers Good For Us?

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Is What's Good For Automakers Good For Us?

Economy

Is What's Good For Automakers Good For Us?

Is What's Good For Automakers Good For Us?

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At hearing this week, Congress essentially told U.S. automakers "not so fast." House Speaker Nancy Pelosi and Majority Leader Harry Reid instructed the automakers to draft a plan of how they would use any financial bailout, before coming back to congress next month. Host Scott Simon talks to Dave Sedgwick, editor for Automotive News, and Jim McTevia, a bankruptcy and restructuring expert, about the pros and cons of an auto bailout.