The Plan:Will It Work

The president took strong action in forcing Butch Wagoner out of Gm but will his plan work at reviving the fallen company? When Chrylser went bankrupt Iacoaca simply stepped in and rebuilt the company. When Fiat collapsed the Itailian government made an all out commitment to rescue it. They didnt do any complicated restructuring. They just brought in new managers. President Obama should be congratulated. He has given a new begining to G.M . Lets hope they dont get lost in this thing called restructing. . What Gm needs simply is new management that knows how to run an automobile company. Thats it.
Time is getting short and Federal money like sand in the hour glass is running out. The president must move quicker because it will be a revival in the manufacturing sector that ends the recession and not a bailout of a bunch of overweight bankers