GM board is reported to apply for bankruptcy.
It is a rude shock.
The board feels that it is the only viable solution.
It is an extreme step and a drastic move.
Throwing up in exasperation is disenchanting.
Deep analysis ,changing the pattern of administration, revamping the company, and cutting the expenditure, cessation of sops,a real pragmatism,and efficiency will work wonders.
The affliction caused by the union should be eradicated.
The wage structure should be implemented.
Modifying their work plan on the models of Honda and Toyota will surely usher profitability.
Wagoner has to apply his mind and has to work on a significant treatise.
Meenas Poems 