On Tue, 02 Jun 2009 09:16:20 -0400, Wayne.B
wrote:

On Mon, 01 Jun 2009 13:56:14 -0500, Vic Smith
wrote:

The only hope for GM is to pirate Honda and Toyota management
to run it.

You've got to be kidding; they wouldn't know what to do with the mess
left behind. The best bet would be to lease out the best of the
production lines, and sell off the rest for what ever they can get.
There is no hope for GM with a labor friendly government owning half
of the company and the unions owning another big piece.

I don't think there's much left of GM. @60k employees.
Wages are almost down to that of the non-union imports.
The retirement/health plans are being jettisoned.
But their management is stuck in '50's, 60's type mentality.
Cars are "romantic."
Yeah, well business isn't. It's about profit.
That's something Honda and Toyota know.

--Vic