Dan Tierno

Bring Back the Old GM

Thanks Marketwatcher.

GM sure is looking more awful each and every day...and many more articles are propping up speculating everything from bankruptcy to GM rushing the Volt out to make a bailout more politically feasible...and in an election year no less!

It will be wild to watch...I for one want GM to stick around. Yes, capitalism is Darwinian in it's premise and maybe GM should fail for the efficiency of the industry as a whole. Furthermore, the Auto Industry has extraordinarily high fixed costs, and as such volume is the name of the game in order to spread those costs across more units. The rest of the industry would benefit from such a huge player eliminated.

But then, what of the wreckage...emotional, economical, political, and otherwise? One of the most enduring and most recognized brands on Earth...gone. An automobile manufacturer that through time has created identities for people and counties alike. Oh and by the way...266,000 employees.

Two Hundred Sixty-Six Thousand.