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Why Auto Bailout More Resisted Than Bank Rescue

Stock quotes in this article: GM , TM , HMC , MER  

Why is there more hesitancy to bail out the Big Three automakers as opposed to the banks?

It isn't about the cars. The Big Three -- Ford(F Quote), General Motors(GM Quote) and Chrysler -- make fuel-efficient autos, even if they mostly push gas-guzzling trucks and SUVs. They have hybrid cars, too.

It isn't just about foreign competitors. Toyota(TM Quote) and Honda(HMC Quote) are both seeing dramatic decreases in car sales. ...

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