Is What's Good For Automakers Good For Us? 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. What are the pros and cons of an auto bailout?
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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?

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.