THE CLOCK IS TICKING


The Fountainhead

Ayn Rand
Tuesday, May 6, 2008

"Throughout the centuries there were men who took the first steps down new roads armed with nothing but their own vision. Their goals differed, but they all had this in common: that the step was first, the road new, the vision unborrowed, and the response they received---hatred. The great creators---the thinkers, the artists, the scientists, the in . . . .

Read more. . . .

Since becoming head of North American Operations in 1994, Richard Wagoner is responsible for a 30% drop in market share and a loss of over $50 billion in shareholder value since becoming CEO in 2000.

Follow the Loser by Jim Ziegler, Dealer Magazine Dealer Advocate

Trend: GM total sales in USA
1999: 5.02 million
2000: 4.95 million
2001: 4.91 million
2002: 4.86 million
2003: 4.76 million
2004: 4.71 million
2005: 4.52 million
2006: tracking between 4.1 and 4.2 million

MARKET CAPITALIZATION:

2000 - $66,000,000,000
2001 - $48,000,000,000
2004 - $25,000,000,000
2005 - $15,000,000,000
2006 - $10,000,000,000

The Future of the Union
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