While today is surely a time to celebrate GM, it's also critical to take a quick look at the 11 ways GM could find itself in the same bankruptcy boat which nearly destroyed forever the American auto business as we'd known it for 100 years.
While it's unclear whether taxpayers will make money out the GM fiasco, it's pretty clear Wall Street has. Yesterday's rally in the stock market was attributed to strong demand for the IPO of a company designated Too Big To Fail.
The mother of all IPOs went off better than anyone expected. Of course, questions abounded: Could GM sustain profitability? Was its new management team up to the job? When will GM have a product slate as highly rated as Ford's?