On Second Thought, Keep (Part) of Your Bailout
The Leonard Lopate Show | May 10, 2010
Auto giant General Motors says it needs $30 billion in government bailout money, but last week the company dropped its request for an additional $2 billion in assistance to cover its operations in March. What’s going on here? Wall Street Journal Detroit Bureau Chief Neal Boudette joins us to talk about what the American auto industry plans to do with the billions of dollars it wants and why GM is reducing its request for federal money.
