Big Three CEOs Face Off Against Congress

Members of the House Financial Services Committee continue to grill the CEOs of the Big Three auto manufacturers about their request for a second $25 billion loan.

So far, Richard Wagoner from General Motors Corp., Alan Mullally of Ford Motor Co., and Robert Nardelli of Chrysler have been pressed to discuss their plans for the funding, the expected outcome if the loan isn’t granted, and whether the automakers would allocate some funds to dealer floorplans, among other things.

To watch the hearing live, visit the committee’s web site, and click the webcast link in the lower right corner of the page.