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Politics : Formerly About Advanced Micro Devices

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To: RetiredNow who wrote (317559)12/31/2006 6:46:08 PM
From: tejek  Read Replies (2) of 1578550
 
Meanwhile GM is still busy trying to go bankrupt by ignoring the fact that consumers no longer want large fuel-inefficient vehicles. GM is still fighting yesterday's war with yesterday's products>

Isn't it amazing? Tracinda was investing in GM, pushing for significant changes that the company sorely needs, and they told him to take a flying leap. The mgmt in that company is so entrenched and so reactionary, its going to take something powerful to get it to change its downward spiral.
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