Should GM file for bankruptcy?

(02:08) Report

Nov 18 - The country's biggest automaker teeters on collapse, burning through $2b each month with consumer demand plunging.

Amid uncertainty about a federal loan a looming question is whether or not it should file for bankruptcy.

Jeanne Yurman reports from New York

Speakers:

  • Michael Levine, Research Scholar, New York University
  • Ron Gettelfinger, President, United Auto Workers

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