Tuesday, May 12, 2009

GM: The News Isn't Good

Looking at a number of articles concerning GM over the past two days make it clear that things are not going as well as hoped. The notion that GM is going to abandon Detroit as it's headquarters is deeply disappointing. (GM has been ensconced in the Renaissance Center - previously a Ford building - for over 10 years.)

Detroit is fast becoming a third world city, abandoned commercial property and depressed home prices coupled with massive unemployment. And that's a real shame.

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