Credit Crunch Continues for Small Businesses

BY Lea Winerman  June 21, 2010 at 4:30 PM EST

Editor’s note: Updated on June 21: On Monday’s NewsHour, we’ll have a story on how small businesses in Springfield, Mo. say they are still struggling to get the credit they need — and the manufacturing firm Springfield Remanufacturing (SRC) is among them. In this Web exclusive video, Jack Stack, the founder of SRC, tells Paul how he came to believe in management that prizes the talents of employees. We also spoke to Stack for this story on small manufacturers in an era of “too big to fail.”

(Watch a larger version of the video.)