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Journal of nicholas (3034)

Friday April 03, 2009
05:46 PM

Going, going, gone?

[ #38747 ]

I guess as lolfed has only been around for a year, it can only have been predicting the demise of GM and Crysler for about a year.

About a month ago I came across an interesting read that says that the stock market stats for the past 20 years have been showing that GM is "doing it wrong". [And that the airlines, other than Southwestern, aren't looking pretty.]

Now it seems that fivethirtyeight.com argue that the numbers show that GM's problems are 50 years in the making. Oops. Many of the comments are interesting too. They linked to a thoughtful blog post about GM management's "no we can't" mindset and why that will drown GM, bailout money or not.

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