The GM Solution: Life Boats, Not Life Support
General Motors (GM) is the Titanic of Corporate America—it has been sinking in an agonizing, slow-motion suicide since its mid-century golden age. A century ago, GM was the solution to the problems faced by America's fledgling auto industry. Now it represents Detroit's dead end of denial and narcissism. While GM executives beg for a bailout, Washington has an opportunity to be part of the solution to the problems that confront each of Detroit's Big Three.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.