Brewer's Leaving LAUSD; Tribune Files for Bankruptcy

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The auto-industry bailout is now down to $15 billion, but the Big Three and the UAW are making drastic concessions. Why didn't Wall Street have to do the same thing? Plus, on a busy day in Southern California, the LA School chief steps down, the LA Times is involved in bankruptcy and that state nearly runs out of money.

The auto-industry bailout is now down to $15 billion, but the Big Three and the UAW are making drastic concessions. Why didn't Wall Street have to do the same thing? This story on our rebroadcast of today's To the Point. In Part II of our show, LA School Superintendent David Brewer wants a buyout, the Tribune Company, which owns the LA Times, files for bankruptcy, and California is just about out of money.

Photo: David McNew/Getty Images

From this Episode:

Credits

Host:

Warren Olney

Producers:

Katie Cooper, Frances Anderton, Sonya Geis