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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. 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)
By Peter S. Canellos
Globe Staff / December 23, 2008

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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)

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