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BUSINESS: Newsnight: Automotive bailout case?

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November 11, 2008

Newsnight: Automotive bailout case?

(NECN) - By one estimate, General Motors and Ford are burning through cash at the rate of 2 billion dollars a month. If they are just months from total collapse, would a loan of taxpayer dollars save the day?

The guest on this segment of Newsnight is looking at the bottom line for companies like GM and Ford. Peter Cohan is president of Peter S. Cohan & Associates. He also teaches management at Babson College and edits the Cohan Letter.

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