Bob Spekman, a professor at the University of Virginia's Darden School of Business, speaks about anticipated impacts of the General Motors bankruptcy. He notes the company is carrying a debt load larger than some countries and says it will take a while for the country to reorganize and retool. During this time all will be impacted by the change, including customers, suppliers, and now taxpayers too.
The weekly UVA Today news segment is produced by WCAV TV, the CBS affiliate in Charlottesville, Virginia. It is posted on this site with the station's permission.
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