Upside/Downside: TARP Money to Help Auto Suppliers

Friday, March 20, 2009
Topics: Economy
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The Obama administration has signaled its intent to move ahead with a plan to provide $5 billion to troubled auto suppliers. It would come from the TARP funds. The idea is to keep the parts suppliers afloat while the American automakers undergo restructuring. This week's upside downside conversation focuses on the folks we don't hear much about -- the companies that supply the big 3. Bill Forsythe is a principal at Deloitte Consulting in Cleveland. He spoke with ideastream®'s Eric Wellman.