TNR senior editor Noam Scheiber breaks down the proposal to bring Detroit deliverance: how the Big Three differ from AIG and Bear Stearns, and why an auto bailout would set a dangerous precedent.
TNR senior editor Noam Scheiber breaks down the proposal to bring Detroit deliverance: how the Big Three differ from AIG and Bear Stearns, and why an auto bailout would set a dangerous precedent.