[Big Dave]

There seems to be this assumption that somebody else could manage GM, Ford, and Chrysler and do better. I'd like to know who this might be.

In the late 90s a bunch of fugitves from Proctor & Gamble (very profitable) tried to run GM and didn't do well. If GM hadn't gotten Bob Lutz, we wouldn't be talking about GM now. GM would be defunct.

Certainly nobody in government is up to the job. I offer Fannie Mae and Amtrak as evidence.

If you cannot ditch the legacy costs, contradictory and delaying regulations, mad-dog litigation and state franchise laws, it may be mission impossible.