GM in Trouble |
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» Business Strategy Case Studies Please note: This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source. |
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"Even if GM succeeds in averting a bankruptcy, we believe that the company's future path is likely to be bankruptcy-like."1 - Analyst at Deutsche Bank, in November 2008. "GM has been in trouble for years. It is just pure fiction to say that the reason why the auto industry is now in trouble is because of the financial crisis....If you start spending on General Motors it will be a black hole."2 - Anil Kashyap, Edward Eagle Brown Professor of Economics and Finance, University of Chicago Booth School of Business, in November 2008. GM Asks for Financial Aid
1] "Financial Crisis on General Motors,"http://financesteer.com, November 24, 2008. |
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