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Douglas Korthof » Comments » VTI

  • Funds Hold General Motors to the Bitter End [View article]
    I think the execs bailed out, like rats leaving the sinking ship, selling at $1.60 or so -- many funds dumped, also.

    Don't forget the main reason GM failed, hiring Lutz and refusing to sell the EV1 electric car, arresting its own customers who tried to buy the EV1, crushing instead of selling their own product, and selling control of the battery needed for the Toyota Prius (which GM owned!) to Chevron Oil.

    Boy, that were dumb, DUMB, D U M B. Only boneheads like Wagoner, Lutz and Fritz could screw the pooch that badly.
    Jun 01 04:53 am |Rating: +3 -3 |Link to Comment
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