GM Chrysler Update

The Detroit News has an update to the comical GM & Chrysler merger discussions. Along with all of the other doofuses willing to share an opinion as to why this merger might be beneficial, a voice of reason is finally quoted - Maryann Keller is probably the only auto analyst who can walk and chew gum at the same time. She has been around a long, long time. Hell, she's older than me. Her quoted perspectives are pragmatic and correct.

If GM wants to whittle away competititon and overcapacity by buying Chrysler instead of focusing on their core business, then I personally don't believe they should get any relief when they declare bankruptcy. And, if they pursue this merger, they most certainly will.