Monday, June 1, 2009

The fate of General Motors

It’s hard not to consider today’s news about the bankruptcy protection for General Motors without thinking back to the now infamous quote by Charles Wilson, president of this automobile conglomerate in the 1950’s. Wilson, at the time, said “What’s good for General Motors is good for the country.” This saying became synonymous with healthy big business benefiting the overall health—and wealth—of the United States. My, how times have changed…

So, even though it was uttered over 50 years ago, this week's quote of the week honors goes to Charles Wilson, former president of GM.

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