Thread: Bailing out GM
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Old 11-11-2008, 10:11 AM   #14
Joe
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Join Date: May 2001
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This is an unprecedented crisis - its not a good idea to take no action. Its not a good idea to throw good money after bad either.
Where should it end? What should we do?
I think we should evaluate on a case by case basis, whether or not steps can be taken to save major industries that employ vast numbers of people and if taking those steps is a worthwhile measure.
Saying that a failing business in the midst of a once in seventy years crisis is a poorly managed business is an oversimplification.

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