Monday, April 04, 2005

"GM" is for "good management"?

Since I've been keeping a quarter of an eye on General Motors lately, I would be crankily remiss if I neglected to mention today's management shake-up at the struggling automaker (from Reuters).

However, I'm no expert on the world of making and marketing horseless carriages, so I will leave it to others to speculate on whether this move will succeed in bringing GM back from the brink of junk bond-dom, or whether it is merely re-arranging deck chairs on the Titanic.

Perhaps this post will generate the third-ever comment on this blog from someone I don't know?

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