Why GM failed, and why it didn’t
Posted in Debt Watch, Musings on Jun 1st, 2009 No Comments »
So it is done. GM, General Motors, the American heart is no more. Today GM filed for bankruptcy, something they should have done nine months ago if not longer.
Depending on who you talk to people have different opinions of why GM failed.
Michael Moore:
It refused to build automobiles that the public wanted, cars that got great [...]
