Jim Cramer: GM Screwed, Is The Citigroup Of AutomakersMatt Hardigree6/25/08 8:30amFiled to: Industry NewsChapter 11GmJim CramerMad MoneyFord30EditPromoteShare to KinjaToggle Conversation toolsGo to permalinkDetroit's big players may be better off using Chapter 11 to come back from the brink says Jim Cramer, he of the Maddest Money, on BloggingStocks.com. His rationale? If gas prices stay where they are, there simply aren't enough GM products that people want, and there are way too many GM products that no one wants. He also feels a little less than bullish on Ford. Cramer is also wondering why, with automaker stock prices so low (as of this writing Ford is at a pathetic, though slightly improved, $5.32) the "value people" aren't sweeping in to buy up these companies (ahem, some are). Then he provides a Cramer-esque contradiction.