Is the Bail out to the corporation good?


Share on LinkedIn

I am talking of the Obama bailout and the news that stream in. No this is not politics but I look at this as the marketing tools for the employments and the how the future we will see the donated cash.
Looks like the bail out is turning into the blackmail of the day if you read the papers.

In return, the two companies also promised to make further drastic cuts to all parts of their operations, in the hope that they can eventually strike a balance between their bloated cost structures and a dismal market for new car sales.

G.M., for example, said it would cut 47,000 more of its 244,000 workers worldwide; close five more plants in North America, leaving it with 33; and cut its lineup of brands in half, to just four: Chevrolet, Cadillac, GMC and Buick.

I thank you.
Firozali A. Mulla

Firozali A. Mulla
Waterloo Commercial Collge Ltd
Firozali A. Mulla, Ph.D., blogs and appears in The Economist, FT, ABC, CNN, the BBC and many other TV networks and publications. Check him out in


Please use comments to add value to the discussion. Maximum one link to an educational blog post or article. We will NOT PUBLISH brief comments like "good post," comments that mainly promote links, or comments with links to companies, products, or services.

Please enter your comment!
Please enter your name here