To the Point
Ford, Chrysler and General Motors: With Hats in Hand
The Big Three are launching a big push for a Washington bailout. If Democrats and Republicans can't resolve their differences, will the auto industry still be in business when the White House changes hands? Also the Treasury Secretary tells Congress the bailout is making progress, and a giant oil tanker has been captured by pirates under the noses of the world's most powerful navies.
By Warren Olney • • 1h 0m ListenThe Big Three are launching a big push for a Washington bailout. If Democrats and Republicans can't resolve their differences, will the auto industry still be in business when the White House changes hands? Also Treasury Secretary Hank Paulson tells the Congress the bailout is making progress, and warships from the US and other navies couldn't prevent the biggest haul yet by pirates off the Horn of Africa.
Banner iamge: (L-R) Chrysler Group CEO Tom LaSorda, Ford Motor Company CEO Alan Mulally, General Motors CEO Rick Wagoner and UAW President Ron Gettelfinger participate in the Senate Democrats Manufacturing Summit on Capitol Hill last year. Photo: Chip Somodevilla/Getty Images
