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Member Since: 3/2007Last Seen: 11/28/2009

Michael Moore: 'It's the end of capitalism as we know it'

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Following Senate Majority Leader Harry Reid's admission that there is currently little chance of a federal bailout for the country's beleaguered automakers, things are looking bleak for the industry and the possibility of a complete collapse does not seem out of the question.

CNN's Larry King spoke about the causes of the failure with Michael Moore, who first made his reputation 20 years ago with a film about the decline of General Motors in his home town of Flint, MI.

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