A lot has been written about how GM and their Detroit brethren Chrysler and Ford are a bunch of dummies. The news that they all took separate jets to plead for a bailout does not make them look any smarter. This post over at graduated taste is awesome. It talks about what Richard Branson, one [...]
Browsing Posts tagged GM
GM’s CEO Rick Wagoner, who has destroyed more shareholder equity than most CEO’s in modern history(73 billion lost since end of 2004), has now decided to try and stick the American taxpayer with the bill. I see no reason to bail out GM. If we give GM 25 billion or 50 billion or whatever it [...]
