Rickey Duke:The Chutzpa Kid

General Motors is on its death bed. Its just a year or less before the undertaker gets the call to liquiadate the once great company. So how is Rickey Duke handleing the situation. Well let me tell ya Rickey Dukes mother didnt raise any dumies. The company is about dead and Rick gave himself a 12million dollar a year raise. Ricky's motto is get what you can while u can. How he justifed the raise to the board is anyones guess. It is obviously beyond justifcation or maybe he rationalized by saying he played a major role in Gm's demise and the stockholders will get a better price if the company was liquiadated. I hate to be the one to throw cold water on this wet dream but if Gm's stock falls below ten dollars a share then it means Gm will go into bankruptcy which means the stockholders get nothing. So maybe Rick's right after all grab all u can while u can. It also could mean that the way big corporations are owned and managed in this country should be reviewed. There is no good reason other than bad management that Gm ended up in this condition. Where was everybody? Rickey Duke will end up in the history books. A hundred years from now business students will be required to study Gm's fall. And Rickey Duke is in it right up to his big phat ugly ears.