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bill dedman · 03-11-2009, 05:35 PM

RE: "Just read that they don't think they can save GM even with the but-out."

How do you take a company from the #1 auto manufacturing position in the WORLD to bankruptcy in just a few years?

These people are talented.... and, I'm sure "golden parachutes" are no small part of the problem.

If the folks who managed G.M. for all those years couldn't see the oncoming problem with all the UAW pension benefits that THEY were negotiating into the contracts every couple of years.... what were they doing with their time, running a company that size (and, earning millions, while engineering its demise.) That's a rhetorical question. But, shame on them.

03-11-2009, 05:35 PM	#10
bill dedman VIP Member Join Date: Feb 2002 Location: Conway, AR Posts: 1,739 Likes: 0 Liked 6 Times in 4 Posts	Re: Attention Ford Sportsman Racers RE: "Just read that they don't think they can save GM even with the but-out." How do you take a company from the #1 auto manufacturing position in the WORLD to bankruptcy in just a few years? These people are talented.... and, I'm sure "golden parachutes" are no small part of the problem. If the folks who managed G.M. for all those years couldn't see the oncoming problem with all the UAW pension benefits that THEY were negotiating into the contracts every couple of years.... what were they doing with their time, running a company that size (and, earning millions, while engineering its demise.) That's a rhetorical question. But, shame on them. __________________ Bill