November 19th, 2008
10:39 PM ET

Detroit's bleak economy

CNN's Brooke Baldwin reports on the bleak economic outlook in Detroit and the possible effects of a Big Three collapse.

Filed under: 360° Radar • Bailout Turmoil • Economy • T1
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  1. Gary

    Your comment is awaiting moderation.

    It is absolutely true that these corporate execs are “required” to fly via corporate jet for the “security” reasons. But it is done so at the behest of the executives. Thousands of executives get this requirement filed which qualifies them for special tax and accounting treatment that allows them to use these jets as personal taxis and charge the overwhelming majority of the costs onto shareholders and all taxpayers.

    November 19, 2008 at 11:23 pm |

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