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GM was at least on the verge of bankruptcy a few years ago, but I'm pretty sure that can be attributed more to massively underestimating how much healthcare wou
by william42 15y ago
GM was at least on the verge of bankruptcy a few years ago, but I'm pretty sure that can be attributed more to massively underestimating how much healthcare would cost in 2008 during a union negotiation several decades prior than to any sort of dirty tricks.
- jbooth 15y agoThank you.
- tatsuke95 14y agoRight. And prior to that they produced trillions in revenues over 100+ years of being in business, selling more cars worldwide than ANY other company. The 2008 bailout is naught but a blip on the radar, so implying that GM hasn't been a good company, and putting them in the same sentence as Enron is sort of out to lunch. GM has been a wealth generation machine for a long time. That's my point.