[lbo-talk] U.S. auto sector bankruptcy would devastate: GM CEO

Michael Pollak mpollak at panix.com
Mon Nov 17 12:23:00 PST 2008


On Mon, 17 Nov 2008, reuters was quoted saying:


> http://www.reuters.com/article/ousiv/idUSTRE4AF1W920081116
>
> U.S. auto sector bankruptcy would devastate: GM CEO

Well, that's kind of a dog bites man story; what else would the GM CEO say?

Here's a piece I found interesting trying to argue how bad it would be:

http://www.tnr.com/politics/story.html?id=a4893b49-36df-4784-9859-2dfa3a3211bf

He has a very pungent anti-union bias, but if you can hold your nose about that, it's got some interesting numbers.

Michael



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