Lymon

S&P Skeptical GM-Chrysler Deal Could Boost Liquidity

If you'd check GM's books, GM would have money cash on hand If the CEO, CFO,CIO, and every other anonym had not started filling their pockets with money when they saw GM was already bankrupt. I think Chrysler can stand, but GM is dead in the water and I do not think taxpayers should bail GM or Ford out, because just like the top brass at Goldman Sachs they do not know how to spend the money to help the company, just to help themselves. Instead of taxpayers bailing out all of these companies, the top officals should have their banking accounts froze, their assets sold and the big compensation monies put back into the companies to start over. I am sure you can find executive managers, marketing managers, and financial managers would can do a better job of running a company for a lot less money. Especially if you find them from the communities, counties, and states these companies effect the most.