What does the GM in eGM stand for

I demand to know!!!!!

Again, there is no guarantee that GM won't ask for more taxpayer money or that they won't make this a periodic begging routine – say every 3 to 6 months. They could also just file for bankruptcy after they have burned through any new cash injection.

It is better to get it over with now.

I say Merge them – then go into Chapter 11 and basically dump everything except Chevy, Caddy, Jeep, Opel and Holden.

Caddy's can be rebaged as Buicks for China and a couple of Opel/holden sports sedans sold as Pontiacs in the US.

GM's leadership (if you want to call it that) has made some unrealistic assumptions in their bailout proposal that shows they have not caught onto the structural problems that they have with over capacity and shrinking market share.

Chrysler is pretty much as clueless as GM. Assumptions that are far to optimistic and, like GM, leave the door open for the need to make requests for more money from the taxpayers.

GM estimates that it will tale $100 billion to do a chapter 11 reorganization (a amount I would guess to be inflated to have a fear inducing effect), but they are at $45 billion thus far between money received and money they are begging for now. There certainly is no indication that they will not seek bankruptcy after they get another chunk of tax payer money or ask for additional funds. Why not just do the bankruptcy now and move forward?

There is no way of know what Chrysler's market cap is, but GM's is only $1.26 billion. Throwing $45 billion at a company worth less than 1/20th of that amount does not make good fiscal sense.

What does the GM in eGM stand for

I demand to know!!!!!

Again, there is no guarantee that GM won't ask for more taxpayer money or that they won't make this a periodic begging routine – say every 3 to 6 months. They could also just file for bankruptcy after they have burned through any new cash injection.

It is better to get it over with now.

I say Merge them – then go into Chapter 11 and basically dump everything except Chevy, Caddy, Jeep, Opel and Holden.

Caddy's can be rebaged as Buicks for China and a couple of Opel/holden sports sedans sold as Pontiacs in the US.

GM's leadership (if you want to call it that) has made some unrealistic assumptions in their bailout proposal that shows they have not caught onto the structural problems that they have with over capacity and shrinking market share.

Chrysler is pretty much as clueless as GM. Assumptions that are far to optimistic and, like GM, leave the door open for the need to make requests for more money from the taxpayers.

GM estimates that it will tale $100 billion to do a chapter 11 reorganization (a amount I would guess to be inflated to have a fear inducing effect), but they are at $45 billion thus far between money received and money they are begging for now. There certainly is no indication that they will not seek bankruptcy after they get another chunk of tax payer money or ask for additional funds. Why not just do the bankruptcy now and move forward?

There is no way of know what Chrysler's market cap is, but GM's is only $1.26 billion. Throwing $45 billion at a company worth less than 1/20th of that amount does not make good fiscal sense.