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The Bleeding Continues


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Most of the financial web sites are reporting on this today. This piece from the NYT is the most comprehensive article I have found so far.


Drive your car.

Use your cell phone.


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Interesting article. GM's problems are profound, endemic, and impossible to be ameliorated by the usual short term hookie dookie as has been practiced by management for some time. The usual *smurf* squeal by the unions isn't going to fix it either. There's a big s*** sandwich on the menu and everyone from management, to unions, to stockholders, is going to have to take a bite or they are all going to go down the tubes at light speed.

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Looks like most of their (our) problem is the North America Market...

Wasn't Lutz supposed to fix this...

What ever happend to Lutz anyway?


Easin' down the highway in a new Cadillac,

I had a fine fox in front, I had three more in the back

ZZTOP, I'm Bad I'm Nationwide


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