Friday, August 05, 2005

Wow, can things get worse for GM

Apparently, yes.............as their former subsidiary, Delphi (MarketWatch), has come back to the cap in hand, looking for bail out. Hey Delphi, have you not been reading the news, you are looking to GM for help? No wonder you dudes are up shit's creek. If you need a bail out, at least go to someone who has money!

Given the way things have played out across the street at Visteon, one can only wonder what these "employee discounts" are going to do to the companies that supply the automakers.

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