GM's Rick Wagoner (from left), auto union leader Ron Gettel- finger, Ford's Alan Mulally, and Chrysler's Robert Nardelli.
(Gerald Herbert/ Associated Press/ File)
National Perspective
After years of bad driving, carmakers find little sympathy
GM's Rick Wagoner (from left), auto union leader Ron Gettel- finger, Ford's Alan Mulally, and Chrysler's Robert Nardelli.
(Gerald Herbert/ Associated Press/ File)
WASHINGTON - In the eyes of the American people, hundreds of billions of dollars in losses on Wall Street is a tough problem, but tens of billions of losses in Detroit is a national embarrassment. How else to account for the relative ease with which the taxpayers and their elected representatives acquiesced to a $700 billion financial-industry bailout, compared with ... (Full article: 780 words)
This article is available in our archives:
Globe Subscribers
FREE for subscribers
Subscribers to the Boston Globe get unlimited access to our archives.
Not a subscriber?
Non-Subscribers
Purchase an electronic copy of the full article. Learn More
- $4.95 1 article
- $9.95 4 articles
- $25.95 Monthly
Waiting for Twitter to feed in the latest...