GM’s Big ‘Success’

November 22, 2010 03:40

General Motors isn’t a success. Nor will it be until the government is no longer involved in its business and it can stand on its own two feet without taxpayer help.

IBD Editorials


But was it a success, really? And is the revived GM positioned to regain lost market share by pioneering a booming new industry for green cars?

The answer to both questions is no.

It was another useful lie, a fraud, all intended to show GM on the mend, thanks to the help of the federal government. But it goes beyond even that.


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