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.
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2 comments:

  1. Bram11:29 AM

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

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  2. Anonymous12:41 PM

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

    ReplyDelete