Pre-packaged Bankruptcy Is GM's Only Option - Barron's [View article]
It is clearly the "BEST" option, but when has management, the unions or governments involved ever made the best decision based on long-term sustainability?
More of the same, which will only perpetuate the cycle of boom/bust for the NA automakers. Sad, because GM could be a force globally if they only were proactive in managing their long-term obligations.
Pre-packaged Bankruptcy Is GM's Only Option - Barron's [View article]
More of the same, which will only perpetuate the cycle of boom/bust for the NA automakers. Sad, because GM could be a force globally if they only were proactive in managing their long-term obligations.