Conn. lawmakers key in auto bailout
The consequences of a bankruptcy by the “Big Three” U.S. automakers would be felt nationwide, and Connecticut’s Sen. Chris Dodd has been center-stage in congressional debates on a possible bailout.
As chairman of the Senate Committee on Banking, Housing and Urban Affairs, Sen. Chris Dodd of Connecticut has held hearings on a proposed plan to help the floundering car manufacturers General Motors Corp., Ford Motor Co. and Chrysler LLC. The senior senator has cited the ailing Connecticut auto industry as an example of the cascading effects of the failure of one or all of the troubled...
