GM boss Rick Wagoner recently placated the markets that be by stating he had "no plan, strategy or intention for GM to file for bankruptcy. On the wiggle-room-o-meter, that gets about a 17 out of 10. Even still, Robert Farago, in his latest GM Death Watch, makes the inevitable connection between such public statements by Wagoner and his minions — lacking any messages of actionable substance — and the Emperor Nero's firelit concert of one. And we know how that turned out.
GM Death Watch 41: Fiddling Around [The Truth About Cars]
Related:
The Truth About the GM Death Watch: Bureaucracy not Meritocracy [internal]
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