Quote:
Originally Posted by BigAls87Z28
Thing is, GM and the others have done some major revamping of thier business structure. They are looking at saving 20 billion a year come Jan 1st, 2010.
Where was this outpouring of emotion when AIG not only came up to the window once, BUT TWICE!! 50 billion at a clip, without questions!!
We are talking about supporting 3 million people with 1/2 what AIG has already burned through, and came back for more.
One thing I do know, is that I Bobby Menendez will not get my vote next time he is around.
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I'm not saying it's a bad idea, but no matter what happens, if GM doesn't change the way they operate, they'll go under with our without the bailout. They seem to me to be the poster company of how
not to do business in terms of wasteful spending and mismanagement.