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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Taro who wrote (283654)	4/11/2006 6:29:19 PM
From: tejek	Read Replies (1) \| Respond to of 1573994

GM is bleeding badly but they have enough assets to sell that can keep them afloat. Look 20 years back: "Pan Am is bleeding badly but they have enough assets to sell that can keep them afloat." I am not saying its the best approach. Like I have argued before, GM is one of the worst managed companies in the country because of a calcified management. You would think the Board of Directors would do something substantive but they may be as calcified. Eventually, GM will run out of options and then crater.