Driving for dollars

(02:10) Report

Dec. 4 - The heads of the "Big Three" automakers dropped arrogance for humility in a new plea for federal help to survive.

This may not be the last appearance by Detroit's leaders before Congress..coming with hat in hand. An economist for Moody's told Senators that the estimated $34 billion cost of the bailout is likely to rise again.Jon Decker reports.

SOUNDBITES:

  • Chrysler CEO Robert Nardelli
  • Ford CEO Alan Mulally
  • General Motors CEO
  • Efraim Levy is an equity auto industry analyst at Standard and Poor's

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