Wednesday, March 11, 2009

BAILING OUT GM

It is hard for me to see the bailout of GM as good for the nation and even maybe GM. Fortune makes some good points. The company just wants federal money to get smaller--as the article points out the company needs to get "better."

Joseph B. White's take on the bailout. Will we end up with cars like the East German Trabant!
describes some of the systemic problems in the company.

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