American Turnaround (3/12/13)

Published: March 13, 2013, 11:14 p.m.

b'No private investor in the world would put money into General Motors when it was going bankrupt, says former GM CEO Ed Whitacre. \\u201cThe government did exactly the right thing\\u201d bailing out the company. The politically charged electric Chevy Volt made headlines during Whitacre\\u2019s tenure at GM, but in spite of the political hits the car took, Whitacre believed and still believes that \\u201cthere\\u2019s a real future for electric vehicles.\\u201d To Whitacre, the Chevy Volt is an example of \\u201ca responsible corporation attempting to do the right thing and explore new technology.\\u201d As American manufacturing moves forward Whitacre believes we need to accept that \\u201cit\\u2019s a global economy\\u201d and adapt to it. A conversation with a global CEO on General Motors about his role in the 2009 bailout and the state of American manufacturing. This program was recorded in front of a live audience at The Commonwealth Club of California on March 12, 2013\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'