McCain Wants 'Bankruptcy-like Solution' For Auto Industry

[media id=6957] Sen. John McCain told George Stephanopoulos that he doesn't support a government bailout or bridge loan for the Big Three auto makers

Sen. John McCain told George Stephanopoulos that he doesn't support a government bailout or bridge loan for the Big Three auto makers.

"I think that if not bankruptcy, certainly a bankruptcy-like solution, which forces everybody to sit down at the table and redo all these agreements," said McCain

About David

Comments

We welcome relevant, respectful comments. Please refer to our Terms of Service for information on our posting policy.