Cost of the Financial Crisis 20 Trillion & GM might fail

[MikeNY]

http://blogs.moneycentral.msn.com/topstocks/archive/2008/10/28/a-government-bailout-won-t-save-gm.aspx GM might go under

http://blogs.moneycentral.msn.com/topstocks/archive/2008/10/28/financial-crisis-cost-moves-toward-20-trillion.aspx MSN Money post.

[Andy62]

The auto industry is saddled with gross over capacity and GM has been off course for 20 years. I would hate to see them go,but I wouldn't be surprised.

[MikeNY]

Gordon I have friends and all have pointed out once GM was the best and run by engineers that worked thier way up the Cpmpany ladder and knew the Auto Business. Now MBA's run GM and won't know a car from a horse, they know accounting and tricks not business. The US has become fat on the top and we should outsource management! The money that was once paid to shareholders now is used for stock options. What has the highest paid executives in the world bought? Incompent fools that lose money and grasp for golden parachutes.