The Gm Bankruptcy

Although Gm's bankruptcy was a work in progress for the last thirty years its still hard to believe that its actually happened. What caused Gm to go bankrupt? Simply bad management.
Gm now is a new company and has a second chance at surviving. And this is extemely important to the American economy. The future inspite of what you have been reading is bright for the automobile industry. Those companies that are well managed will do well. And those that arent will fall to the wayside like Gm did.
So the key to success is having a comptent management team in place that is capable of creating product. Does Gm have that team in place now? Absouetly not!! Feddy "Skip" Henderson dosent know shit about running a big industrial company like Gm. What successful car has he created? He is a Butch Wagner clone.
Ifen the government dosent get the right management team in there soon 50 billion dollars in public money will be down the drain.
Obama's presidency hinges on rescuing the automobile industry. He better act quickley and get someone like Phil Murtaugh in there to run Gm or this thing isnt going to fly.