> Judah wrote: > Honestly, I don't know that the government could make worse guesses > than GM management has been doing. Maybe they could. I don't know and > neither do you.
I know. GM's problem is graphed right here - operating margin since 1959. Ups & downs, good calls and bad, the overall trend most clearly reflects one thing: GM management cutting good short term deal at the expense of the long term. When you do that, it catches up. In 2009, they finally got caught. (ps - remember corporate boards? They were supposed to look out for that long term ... wonder what happened to them?) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:293619 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
