GM's Big Bet Gone Bad

GM tombstone

A look back at a 2005 blog post by GM (NYSE:GM) Vice Chair Bob Lutz show the company was betting the house, and rollled craps

Auto Makers Go Hat in Hand to Washington

Auto Industry

So, is it now payoff time from the Dems for the union support in the last election?

GM....Can They Do Anything Right?

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GMAC

So, not only can't they make cars people want to buy, they apparently have trouble loaning the money to those likely to pay it back.

GMAC A Bank?

GMAC

So, the company that gave 105% LTV for autos that depreciate, now wants to get into banking?

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