Tnrtv: Why Billions More Are Going To The Auto Industry

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THE PLANK JULY 23, 2009

Tnrtv: Why Billions More Are Going To The Auto Industry

Simon Johnson, professor at MIT's Sloan School of Management, senior fellow at the Peterson Institute for International Economics, and co-founder of BaselineScenario.com, breaks down the federal government's announcement that it will take over the pension plans of the Delphi Corporation, arguing that unfortunately, there's little else the government can do.

--Ben Eisler

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