December 15, 2008

For Congress, auto executives are 'lemons,' too

Sen. Charles Grassley, R-Iowa, knows what he wants from the Big Three auto executives: They should bow down to stockholders and apologize. The public agrees. A poll found that 43 percent blamed management and executives for the auto industry's plight, while 15 percent blamed labor unions. The widespread disdain for the executives makes it hard for lawmakers to rally support for bailing out the industry.

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