Hacker News new | past | comments | ask | show | jobs | submit login

GM was at least on the verge of bankruptcy a few years ago, but I'm pretty sure that can be attributed more to massively underestimating how much healthcare would cost in 2008 during a union negotiation several decades prior than to any sort of dirty tricks.



Right. And prior to that they produced trillions in revenues over 100+ years of being in business, selling more cars worldwide than ANY other company.

The 2008 bailout is naught but a blip on the radar, so implying that GM hasn't been a good company, and putting them in the same sentence as Enron is sort of out to lunch. GM has been a wealth generation machine for a long time. That's my point.


Thank you.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: