Will GM need the same kind of bailout

[dretceterini]

as Chrysler did? Seems to me they are in rather serious trouble. A few months ago they had to pay something like 2 BILLION dollars to Fiat in Italy to get out of a put option...

[htuttle]

1. Sure, but only if we nationalize them...

...then cut executive pay down to about 2% of what it is now, and pull back as many outsourced jobs as possible to the US.

I always say if it's important enough to subsidize, it's important enough to nationalize.

Now do they STILL want that bailout? Bet not -- they just want free money...

[madmom]

3. maybe if they would stop with the hummers already!!!!!!

the same thing happened before when people wanted small cars gm built big cars where do they get their inspiration?

[madrchsod]

2. no

chrysler was much smaller and they had someone with a vision on the cars that needed to be built. they brought products to the market that people wanted and they built the first mini- van which put the company in the black. general motors cannot turn around like chrysler because they have no vision and faith in the future..it`s all bottom line with gm

[wuushew]

4. kick

:kick: