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	<title>Truckeo &#187; bankruptcy</title>
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		<title>GM Bankruptcy not very impressive in the grand scheme of things</title>
		<link>http://truckeo.com/trucks/2009/06/12/gm-bankruptcy-not-very-impressive-in-the-grand-scheme-of-things/</link>
		<comments>http://truckeo.com/trucks/2009/06/12/gm-bankruptcy-not-very-impressive-in-the-grand-scheme-of-things/#comments</comments>
		<pubDate>Fri, 12 Jun 2009 18:40:22 +0000</pubDate>
		<dc:creator>Greg</dc:creator>
				<category><![CDATA[General Stuff]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[gm]]></category>

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		<description><![CDATA[Imagine if all the bankruptcies were depicted as sinking ships and GM was one of them. How would it appear? The Titanic? A rowboat? Something in between like a 40 foot daycruiser? Why the boat analogy anyway, since they made &#8230; <a href="http://truckeo.com/trucks/2009/06/12/gm-bankruptcy-not-very-impressive-in-the-grand-scheme-of-things/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p>Imagine if all the bankruptcies were depicted as sinking ships and GM was one of them. How would it appear? The Titanic? A rowboat? Something in between like a 40 foot daycruiser? Why the boat analogy anyway, since they made cars?</p>
<p>The people at GOOD made a nice graphic that shows the joy of a sinking company in bright colors and size-relevant layount. <a href="http://www.good.is/post/transparency-the-largest-bankruptcies-in-history/">See it here </a></p>
<p>One of the people commenting on the graphic wanted to know why the company hadn&#8217;t saved any money in the last 100 years &#8211; thus showing a complete lack of understanding of business. Ah, public education isn&#8217;t what it was once imagined to be.</p>
<p><a href="http://www.good.is/post/transparency-the-largest-bankruptcies-in-history/"><img src="http://user.good.is.s3.amazonaws.com/community/atleykins/bankruptcyhead.jpg" alt="" /></a></p>
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