Politically, the prospect of sending money the way of the Detroit three (General Motors, Ford, and…. Chrysler) is obvious but hyper-complicated. If something isn’t done soon, the potential for disaster – most definitively at GM – is grave. Different types of disasters could occur.
For auto watchers, it’s not news. We know that the “spin-off”, as they call it, is more of a tornado than a dust devil. Nonetheless, CNN’s Anderson Cooper along with a Time editor and New York Times business editor discuss the political side of the potential auto bailout in the video below.
Embedded video from CNN Video
