Expert: Romney's Plan for Managed Bankruptcy Would Have Saved Industry

Matt Vespa
November 5th, 2012 5:24 PM
“Bin Laden is Dead and GM is Alive!”  That slogan emanating from Vice President Biden, which has resonated in states, like Ohio, which could decide this upcoming election.  But Gov. Romney’s call from late 2008 to send Detroit into managed bankruptcy would have saved the auto industry as well, according to expert Edward Niedermeyer.  Niedermeyer wrote today in The Wall Street Journal that: