100% correct. At the time of the bogus bankruptcy I was working for a supplier that made equipment for them. The number of companies that they shafted in the process was beyond crazy. And yet, they washed their hands of all kind of debt, taxpayers picked up the cost of clean-up of many of their toxic plant sites and they came out a 'brand new' company and still remain. I will buy NOTHING from them.

You left out the shareholders who's stock became worthless, yet 12 or so months later they are allowed to re issue NEW stock with ZERO compensation to the previous shareholders. Talk about screwing and corruption

And then the Rotten Thieves got their old stock symbol back. Unreal.

Shame on anyone that owns their products.

Nice to see a few of you haven't forgotten and are well-informed.

https://www.yellowbullet.com/threads/reflections-on-a-forty-five-year-career-with-gm.2698078/

Tree'd me.

I was just getting ready to do that.

Thank you.

We have to be careful or this will get real political, real quick. This all happened under a certain administration. The UAW was made MORE than whole, but the stockholders and salaried workers took it in the rear.

A Broken Culture
A top-down management style where dissent is unwelcome. Employees tell leaders what they want to hear, and opportunities often go to the most compliant, not the most qualified.

I'm 62. Thats every single company I have ever worked for. Funny thing is I ment a venture capitalist once that woulkd buy failing businesses and turn them around. He said all he needed to do was have a long talk with the workers to find the root of the problem.

Last company I worked for, I would review serious issues I saw while on service calls or in the field (I designed and programmed the electrical controls for $1m industrial machines that made car parts). I watched grown adult men cry because we had shipped them a POS industrial automation machine knowing it may cost them theire jobs. In follow up meetings, I ALWAYS tried to offer very reasonable solutions or fixes. Not just bring up problems. I was told to never bring up issues in our Mon morning meetings anymore. I quit attending them and STOOPID company xmas dinners and "team building" BS get togethers. These people were not my friends. They were coworkers. It was the same everywhere.

I would pick up cans on the sides of the highway before I'd ever work for someone ever again. I tell every young person I can to NEVER work for the man. Or at least keep planning an exit. But even my own 3 kids are a slave to a paycheck. No ballz.

I would question if it's a matter of balls. I think it is more related to talent. As a personal example I've been asked why I don't take care of my personal investments, I'm a smart guy, why do I pay someone to do it for me? Answer. Because I suck at it. By the time I would develop enough expertise to do it myself I would have nothing left to invest. Some people have it and thrive on their own, some people don't and are a "slave to a paycheck". I was in the latter.

Short memories, indeed, OldJonny: It was a 5 cent investment needed in the ignition column that caused the issue, and the Assembly Line Workers warned them there would be a problem.


At first, gm blamed Driver error.
Then, they blamed Owners: too many keys on the keychain
Then, they admitted it, and said it was minor issue.
Under pressure, they admitted there may have been injuries.
After trying to sweep it under the rug by dragging the issue out, deaths and injuries started to make the News.
From what I remember gm said only 3 deaths. Later, 7. Much later 13.
They lied: the number was over 120 deaths.

Who else uses the same Game Plan? toyota...EVERY TIME they make a mistake they blame their Customers. Most notably, their "unintended acceleration" drive-by-wire deaths. I'm convinced either toyota owns gm or gm owns toyota.

Say what you want about Chrysler Corporation, but, nobody has been killed by one due to Chrysler's deliberate Negligence.

It was terrible!!!

It was so terrible, he stayed 45 years.

How many people don't even get a chance to be alive for 45 years, let alone make a fat paycheck somewhere,
climb a corporate ladder and collect a pension?

Meh.

It was terrible!!!

It was so terrible, he stayed 45 years.

How many people don't even get a chance to be alive for 45 years, let alone make a fat paycheck somewhere,
climb a corporate ladder and collect a pension?

GREAT reply!