G.M. CEO Rick Wagoner makes a statement on the announcement by President Bush of federal assistance for the big three.
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Bill Manzi.com 
Your Honor,
The biggest load of BS, all the way through.
His praise of Gittlemen is so ingenious it makes me sick. I think you recognize his Politicspeak. He ought to run for congress. GM is the largest welfare recipient in the US.
If he can “fix” GM in four months why didn’t he have this done before when they had the revenue?
If it’s so easy to fix in four months why didn’t he prepare his miraculous plan before he went begging the first time.
I think ford is taking a different tack. They are staying away from the “bridge loan” and consequesly, the oversite that comes with this loan.
Do you think it’s going to work?
Jules
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