Thread: GM?
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Old 05-11-2005, 05:13 PM
midas midas is offline
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Join Date: Aug 2003
Posts: 79
Default Re: GM is not going bankrupt

I've said it before and I'll say it again - GM is not going bankrupt thus no restructuring. If they came close, the government would bail them out. Do you think Kerkorian would be buying stock if he thought they were going under? They need to sell some non-core assets like GMAC (non GM exposure), shake up management and start building cars that people will buy, not the junk they have been pushing on middle America for the past 30 years.
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