wrote in message
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On Sat, 06 Dec 2008 07:14:20 -0500, Tom Francis - SWSports wrote:

http://online.wsj.com/article/SB1228...28184421.html?
mod=rss_opinion_main

Bankrupt them, downsize them, get rid of the onerous contracts and merge
Chrysler with Ford.

No bail out.

Personally, I can't see Chrysler surviving. Ford, yes, and a much
smaller and different GM.


Exactly. Chrysler hired an outside bankruptcy law firm yesterday. They
are preparing for the inevitable.

GM needs to replace Wagoner. He is so out of touch with reality that he
can't be in charge of
reorganizing.

The Ford guy (ex-Boeing) seems to be a little more pro-active and may be
ok. He's only been there for two years
and has already made some serious changes to Ford's overall business
structure.

Eisboch