Auto industry – sink, swim or bail?

Posted Nov. 17, 2008, at 4:27 p.m.
Last modified March 20, 2011, at 3:28 a.m.

Congress, the president and the president-elect are grappling with the request by the Big

Three U.S. auto makers for a government bail-out. Should General Motors, Ford and

Chrysler be allowed to go bankrupt? Should the government grant them loans only?

Should a bail-out come with conditions, such as raising fuel efficiency standards? What

about renegotiating un-ion contracts?

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