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President Obama said today he expects a new General Motors to emerge from the ashes of its historic filing for bankruptcy. He also warned that there are more hard times ahead. Guest host Sara Terry considers what a restructured GM will look like, how hands-off the government will be as the company’s major stakeholder, and what the failure means for auto workers, parts suppliers and dealers? Also, the battle for Minnesota’s still-contested US Senate seat. On Reporter's Notebook, anti-abortionists called him “Tiller the killer." Now, Doctor George Tiller, who performed late-term abortions, has been killed.

Banner image: General Motors CEO Fritz Henderson speaks with reporters following an announcement that GM filed for Chapter 11 bankruptcy today. Photo: Spencer Platt/Getty Images

Making News Coleman, Franken Back in Court over Minnesota Senate Seat 6 MIN, 47 SEC

The battle for Minnesota's still-contested US Senate seat reached the state's supreme court today. Republican Norm Coleman is challenging lower court rulings that upheld a win by Democrat and former comedian Al Franken. Richard Hasen specializes in election law at Loyola Law School in Los Angeles, California and blogs at ElectionLawBlog.org.

Rick Hasen, University of California, Irvine (@rickhasen)

Main Topic The Fall of an Industrial Titan: GM Goes Bankrupt 25 MIN, 21 SEC

It used to be said that “what's good for General Motors is good for the country.” Not any more. The car company that muscled its way to becoming one of the largest manufacturers in the world filed for bankruptcy today. It's the fourth largest bankruptcy in American history. After pouring billions of dollars into the failed company, how will the US government restructure GM, as it becomes the major stakeholder? Will the United Auto Workers Union survive or be forced to merge with another union? What kind of cars will roll off the assembly line of a new, streamlined GM?

Tim Higgins, Business writer for the Detroit Free Press
Maryann Keller, veteran independent auto analyst
Todd Lassa, Detroit Editor, Motor Trend
Dan Neil, Wall Street Journal (@Danneilwsj)
Richard Block, Professor of Labor and Industrial Relations, Michigan State University

Reporter's Notebook Los Angeles' New Water Restrictions Begin Today 14 MIN, 48 SEC

Los Angeles' mandatory water conservation restrictions began today. They include limits on sprinkler watering and reductions in Angelinos' bi-monthly water allotments. The restrictions have been put in place to address a water supply shortage that has plagued the City for the third consecutive year. David Nahai is CEO of the Department of Water and Power, which provides water and electricity for the City of Los Angeles.

David Nahai, David Nahai Consulting Services

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