Quote:
Originally Posted by RIJIMMY
yup
Also, think of this. Why would ANYONE qualified to make change and take big business risks join GM? What superstar would want the job?So that if they are successful and receive compensation to match their success they will be publicly flogged by the congress? The reaction to the AIG bonuses has put a serious bruise on the credibility of the government. Many qualified and intelligent people will not be signing up to work for any companies tied to the government.
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Good. They're going to fail anyway. Hopefully the government realizes this sooner than later before too much money is completely wasted. The last thing we need is a subsidized automaker in similar shoes as Amtrack - wasting money with no regard and not improving the product or efficiencies because the government will just give is more money anyway.