December 12, 2008 6:59 PM

If automakers fail, here's a flavor of what might happen

With the Senate's refusal to approve a loan package to keep auto companies afloat, the potential economic impact of bankruptcy or failure of any or all of the Big Three is worrying typical Americans and industry analysts alike. The 239,000 jobs at General Motors Ford and Chrysler are just a fraction of what's at stake.

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