GM to Announce Bankruptcy "Around Mid-Day" Monday
Published: May 29th, 2009
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Around? Talk about precision engineering . . . Official press release:
Detroit, Mich: (NYSE: GM) – General Motors President and CEO Fritz Henderson will host a press conference on Monday, June 1. The conference will be around mid-day at the GM Building, 767 Fifth Avenue, in New York. We expect to provide a final time, satellite feed, conference call number, and other details in a subsequent Media Advisory early Monday morning.
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"Around midday?" What a bunch of incompetant assholes. Is somebody keeping track of all high-level management at GM? I swear, there should be a very long blacklist. Not a single one of them should even be allowed to manage something so simple as the french fryer at a McDonalds. If I were a hiring manager, I could see it going like this: "I'm sorry, sir/ma'am, it is our policy here at (Best Buy / Walmart / Wendy's / Taco Bell / WhipperSnapper's Pizza Delivery / you fill in the blank) to not even grant interviews to former members of General Motors' upper management. We're afraid your past job performance and incompetence will resurface here and toxify our compay with bureaucracy and denial, beginning a long (or short) slide into bankruptcy. I'm returning your resume; our scientists tell us we should not even keep it on file for fear that it will contaminate and infect our prospective employee pool. Please follow the security guard to the front door. Please exit the grounds quickly so that we can begin fumigation, sanitation, and employee innoculation immediately. Go. Now. Please. That's too slow, please walk faster."
tced2: "What’s New York have to do with the GM bankruptcy? GM is incorporated in Delaware. ... Why not just do the announcement by a video feed from Detroit?" Fritz hoped to score some theater tickets to "Annie." He loves that song, "Tomorrow." Hey, Menno and other auto historians: soon we'll be able to write that final wrapup, "Despite departure of former CEO William Durant, GM proves unable to thrive."
It will be bitter sweet to see GM declare Bankruptcy, just when I believe they have decent products. I saw the new Camero yesterday...it was breathtaking. I truly wanted one. But digressed because I have been disappointed by shoddy GM workmanship and poor quality. The Malibu is a decent looking vehicle. But again my GM owning experience has been like eating cake while being sodomized. Monday will be a root canal on Christmas morning. I've been a fan from the very first "Death Watch". Cheers Robert.