Alas, GM…

GM has announced that it will be closing more plants and laying off more employees than expected. While they haven’t yet illustrated exactly how many folks will be out of work, or which plants will be closing, it is generally seen as the move of a company which desperately wants to avoid bankruptcy–as they should. And so they are trying to make themselves look as profitable as possible, focusing on their core, biggest money making brands. Whether or not this works, of course, is up to the Obama Administration.

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