DID STEVE RATTNER REALLY SAVE GM

GM PROPED UP WITH GOVERNMENT MONEY STILL CANT MAKE IT ON ITS OWN: And that is very sad for the U.S. economy which needs a healthy Gm to recover.
Much of Gm's lack of success can be blamed on Rattners rescue plan. Rattner never really attacked Gm's real problem that caused it to fail in the first place. Rattner moved a lot of pieces around but in the end he neglected the most important brick in building a successful recovery plan for Gm.
The biggest reason Gm failed is because of bad management. Rick Wagoner grew up in the automobile industry but yet he never understood it. He was basically a bureacrate who made good. Rattner inspite of what he says now wanted to leave Wagoner in there. It was the President who fired Wagoner and not Rattner.
Rattner and the government did a poor job of fixing Gm because they never found a suitable excutive to run Gm. After the President fired Wagoner Rattner let him pick his own replacement.
Does that make any sense letting the failed Chairmen of Gm pick his own successor? Rattner justified this by saying there just wasnt enough time to do a proper search so he went by Wagoners recomendation. The government spends over $50 billion to save Gm but Rattner dosent have enough time to do the job right. Does that sound logical? Its like doing brain surgury and not sewing the person up because there wasnt enough time.
The result Gm still dosent have capable leadership and continues to survive on the governments dollar. And there isn't any light at the end of the tunnel. Without the proper excutive running Gm it will fail for sure.