Expert Analyses of the following article:
General Motors Leads The Dow Down (GM)
Source: community.investopedia.com
October 13, 2008
G.M. the decay of a GIANT
Author: GLG Expert Contributor
Author: GLG Expert Contributor
When given a second chance, you must be spot on. GM did what is inexcusable...it bet on long shots. It built a greed based, flash in the pan offering, that is now , laughable.
Over priced indulgences, Hummer,Suburbans etc etc... The company is down the toilet with no one able to defend it's unsaleable inventories...gas hogs, excesses in every composite.
1970's G.M. found...
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