Showing posts with label GM. Show all posts
Showing posts with label GM. Show all posts

Tuesday, June 30, 2009

GM - What Could Have Been

GM – What Could Have Been
Monday, June 8th, 2009

Every so often I will mention the plight of GM as I think it has significance on many fronts.

One question that came into my mind recently was “What could have been…” In other words, if GM were to achieve results typical of (at least) a well-run, diversifying/acquisitive company since its peak (defined in an all-things considered, subjective fashion) in the late-1960s, what would it have become?

Of course, at some point antitrust issues might have presented themselves…but nonetheless it would be an interesting exercise, and one that I’m sure would be a real eye-opener.

SPX at 939.84 as this post is written

GM Bankruptcy

GM Bankruptcy
Tuesday, June 2nd, 2009

There is so much that can be said about GM’s demise, as well as how its bailout has been handled.

It is rather mindboggling to realize that at its peak, it was the most powerful company in the world.

I’ve been trying to recall how many times major stories have been published over the years about GM’s “impending turnaround.” It has been many.