a short diary of some part of my life.

GM’s stock has fallen to only $0.75 per share. General Motors who were once one of if not the biggest Auto maker in the world is facing bankruptcy. They must be trying to figure out how to make a good use of taxpayers money. In my opinion, they won’t be able to do anything unless something magical happens, really… They don’t have a clear future plan, they fall into this mess because of their own mistakes. Blame Rick Wagoner if you want, he’s the man behind GM’s fall. President Obama is working hard to get those execs out of GM and build GM back pieces by pieces.

“A new company, with a greatly reduced debt burden, fewer plants and lower labor costs, could end up being an attractive investment. But auto analysts and other experts are reluctant to speculate on exactly what GM’s value could be following bankruptcy.” – click on the quote to read full article


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