GM (GM) needs U.S. aid quickly as 'time is very short,' said Roger Altman, the former Treasury...

|By:, SA News Editor

GM (GM) needs U.S. aid quickly as 'time is very short,' said Roger Altman, the former Treasury official advising GM on merger talks, though he didn't say just how short. An auto industry collapse, Altman warns, would have 'severe' and 'widespread' consequences.