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Saturday, June 28, 2008

Gm:Bye! Bye!

Gm's demise is actullly good news. It wont be long now. They are going down the tubes fast. And it simply was bad management and negligent stock holders that did Gm in and not outside forces. Gm was a not a victim of circumstance but more like something that experienced malicious negligence. When not if Gm goes into chapter 11 and stockholder equity is wiped out the government then can help rebuild and bailout the company,which i think should be done. The stockholders and management deserve nothing but maybe jail time for running such an important company U.S.business into what is today---a failure.