News Release: “Beyond the Bailout”

A Mackinac Center for Public Policy Panel on Saving the American Automobile Industry

Media Alert
Tuesday Jan. 6, 2009
Contact: Michael D. Jahr
Director of Communications


Andrew Grossman
Senior Legal Policy Analyst, Heritage Foundation

Paul Ingrassia
Former Detroit Bureau Chief for The Wall Street Journal
and contributing editor for Condé Nast Portfolio Magazine

Sam Kazman
General Counsel of the Competitive Enterprise Institute


David Littmann
Senior Economist, Mackinac Center for Public Policy

DATE: Tuesday, Jan. 13, 2009
TIME: 10:30 a.m.
LOCATION: Jefferson Room, Renaissance Center
(Tower 300, Level 2), Detroit, MI

Following weeks of public hearings and debate, President Bush in December announced a plan designed to rescue the Detroit automakers. This crisis in the auto industry may well be the biggest economic event in Michigan history. But will the bailout help in the long-term, and will it address the issues that created the crisis in the first place?

A blue ribbon panel of experts hosted by the Mackinac Center will address these questions and discuss the restructuring and regulatory reforms necessary to restore economic viability to the industry.

Among other things, the panelists will discuss the mechanics of restructuring (within or without Chapter 11), needed regulatory reforms and the impact of existing labor policies.



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