GM is the largest company ever to go through bankruptcy. It is a company that is 101 years old with a rich history. It is a company that employs hundreds of thousands, produces a wide array of vehicles and hasn't been able to be competitive in a global marketplace. It is also a company which had hailed itself as being on the cutting edge so very recently.
It is a sad day when an American icon dies and where our government commits $30 billion to try to keep something afloat.
I wish someone would explain to me how economists, politicans and the stock market are managing to put such a smiley face on this one.
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