Monday, May 11, 2009

Detroit's tailspin

Head of bankrupt company about to announce that company is bankrupt: "GM CEO Signals Bankruptcy Becoming More Probable"

In related news, will Ford be punished for running a responsible company, one that pays its debts and such? That's what it looks like.

2 comments:

Bram said...

Unlike Chrysler and GM, I will consider Fords in my future car shopping. The other two have ceased to exist for me.

Anonymous said...

And it only cost 50 billion dollars to realize they weren't too big to fail. What a bargain.