Here is why General Electric and General Motors are both headed toward bankruptcy:
http://theeconomiccollapseblog.com/archives/general-motors-and-general-electric-were-both-victimized-by-the-same-ponzi-scheme-and-they-are-both-telling-us-the-u-s-economy-is-in-huge-trouble
Greedy, incompetent, and irresponsible management ... but that seems to be par for the course in the USA these days.
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