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U.S. Auto Giants, Workers Face Uncertain Future as Bush Admin Mulls "Orderly" Bankruptcy
Friday, December 19, 2008 :The future of auto giants General Motors and Chrysler remains up in the air one week after Senate Republicans rejected a deal to grant the automakers $14 billion in emergency loans. Chrysler is closing all of its plants today. The White House says it is considering allowing the companies to go bankrupt in what it describes as an “orderly way.” We speak to union activist and writer Gregg Shotwell, a 30-year General Motors retiree.
Friday, December 19, 2008 :The future of auto giants General Motors and Chrysler remains up in the air one week after Senate Republicans rejected a deal to grant the automakers $14 billion in emergency loans. Chrysler is closing all of its plants today. The White House says it is considering allowing the companies to go bankrupt in what it describes as an “orderly way.” We speak to union activist and writer Gregg Shotwell, a 30-year General Motors retiree.
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