http://lancewiggs.com/2008/11/18/please-dont-bail-out-gm/ NZ Internet, Media and Business Thu, 09 Feb 2012 09:02:16 +0000 hourly 1 http://wordpress.com/ http://lancewiggs.com/2008/11/18/please-dont-bail-out-gm/#comment-11513 Thu, 20 Nov 2008 02:52:35 +0000 http://elevatorfactoids.wordpress.com/?p=1201#comment-11513 [...] I, being somewhat cynical about the industry’s failed makeover attempts over the last 30 years, argued that Chapter 7 administration (ie. send in the receivers) is the only way to achieve the required level of change, effectively breaking up these giant companiues into more nimble businesses, because they won’t do it to themselves. I’m not alone in this; Lance Wiggs has expressed similar sentiments. [...]

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