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Old 11-16-2008, 02:40 PM   #27 (permalink)
dsq
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Quote:
Originally Posted by cfg83 View Post
owlafaye -



I think this article supports your POV :

GM Collapse at $200 Billion May Exceed Bailout Plan
CarloSW2
I fully agree...The 50billion bailout is a lot acheaper than the 3million job losses that would result from the death of gm,ford...I also agree that once gm is bailed out that rick wagoner and all these loser ceo s need to be replaced or else these companies will blow the 50bil and nothing will change.
However how do you force in competent execs and how do you mandate green cars?This starts to sound a bit like yugo but i guess we have no alternatives to them going bust.
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