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Sunday, May 18, 2008

Gm Excutives Have Finally Admitted They Were Wrong

So call them pischer. Yes Gm has been behind the curve for a long time primairly because of bad management. So is Rick Wagoner going to resign or commit harrycarry now that he has fianlly verbilized what everybody else was already aware of? Rick has taken the call me pischer defense meaning he made a few little mistakes so what get on with your life. By the end of the year Gm will be down to its last 15billion in cash which means they wont have enough money left to effctively run the company which means they will have to call Larry the Liquadator which means that will be the end of Gm. Basically that scenioro is really a win win situation. Rick will get a nice severance package as he should since it took a hell of a little skill in running the largest American corp into the ground. The stockholders will get a better price than GM is trading at now. And the Germans and Japanese car companies will divie up whats left. And if they throw the workers a bone the mafia based casinos in Detroit will make a nice dollar. So whats to complain about.