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Philip Greenspun: Let G.M. Go Bankrupt

post from Daring Fireball on 08 November 2008 11:03:00 AM. © Daring Fireball

America seems to have an irrational soft spot for its auto industry. It’s a shame that these once-great companies have fallen so far, but the simple truth is that Ford and G.M. make ugly, inefficient cars that few people want to buy.

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Read The Full Article:
http://blogs.law.harvard.edu/philg/2008/11/08/let-gm-go-bankrupt/


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