By no later than the end of this year, the board is going to have to come out with some very strong statements that show they're in control of the company. Right now, people like myself are wondering if the board is in control. |
GM doesn't need any more bad publicity. I don't think they'll touch the dividend. |
How can shareholders have confidence that GM can advise Delphi on how to get out of its mess, when GM is incapable of getting out of the mess it's in itself? |
Investors are going to wonder just what is going on at General Motors. It's been my experience that if you find one accounting problem, it's just a representation of the iceberg that's below it. |