General Motors pleas, back on Capitol Hill
The big three automakers are back on Capitol Hill this week, this time riding into town without their luxury jets. And it seems 18 BILLION is the lucky number for General Motor’s- that’s the figure they say they need to avoid utter devastation. G.M. President Frederick Henderson laid out the depths of despair that GM currently finds itself in. While House Speaker Nancy Pelosi offered little insight into what decision would be made later this week, but did say that bankruptcy was not a option. New York Times reporter David Herszenhorn was covering the pleas on Capitol Hill yesterday, he joins us this morning on The Takeaway.
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