US automakers actually make something rather than banks who merely provide a service. BK for auto is very bad for economy as it ripples down thru millions of people involved. More critical to overall well being of country to provide some backing and prevent BK. Worked really well for chrysler in the 80's.
Driven to Bankruptcy [View article]
More critical to overall well being of country to provide some backing and prevent BK. Worked really well for chrysler in the 80's.