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Video: Is California the Next GM?
CNBC interviews writer Paul Ingrassia, who sees GM's bankruptcy as a prophetic warning to cash-strapped California.
CNBC interviews writer Paul Ingrassia, who sees GM's bankruptcy and pension problems as a prophetic warning to cash-strapped California. Ingrassia is the author of Institutional Investor 's March cover story, Collision Course: What GM's bankruptcy has to teach about the looming pension crisis.