Rehabbng GM - A Far, FAR, more balanced perspective

[whell]

The politics that drive "credit - taking" are well established. It's not exactly the most appropriate paper on which to write the history of a particular event. Critical historical elements, which often lay the foundation upon the success story that the "winners" would like to write, are understated or omitted in favor of individual or political glory-mongering.

Obama supporters, in particularly the Rattner-lead auto task force, wish to assume sole credit for the resurrection of GM. And most certainly, credit should accrue to this group for pulling GM out of serious financial trouble.

However, I have objected to the way in which the Administration and its protagonists would like to write the history the GM rehab. It ignores years of prior work by very competent and savvy individuals, without whose sacrifice, vision and toil we wouldn't have a GM to be still talking about. Without these individuals laying the pre-cursors to GM's turn-around, Rattner and Company would have had far tougher sledding, and may not have succeeded at all.

Here's a timely and appropriate companion to the Rattner book, with a far more "fair and balanced" perspective on what gave us the GM we have today.

http://www.detnews.com/article/20101...99s-turnaround