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General Motors news

A two word name that ruined General Motors - Roger Smith - bean counter, knew nothing about cars. What did they do when they replaced him, another bean counter.

And General Motors Institute, (now Sloan something or other) known for years as one of the finest engineering schools in the world is pretty much history insofar as supplying good talent to GM.

Sideache, you are exactly right about those problems.

You can add the pension management problems to state and local government lists as that expense will soon begin to eclipse the actual cost or running a working government.
 
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