http://clusterstock.alleyinsider.com/2008/12/roubini-nuke-general-motors-gm-ceo-shareholders--then-bail-out
I am on the side of letting the market take these guys out. But I would not want to pull that trigger. Something must be done to help the workers. If we let them fully fail you will see massive unemployment (20% would not be outside the realm of possibility).
Thursday, December 4, 2008
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