Jerry Flint makes the point that no matter what the plan, sales of cars have collapsed. Until sales improve, it is hard to see how GM or Toyota or anyone else will do much better.
Several students have reveiwed The Black Swan. The book considers the reality of the outlying event. Congress wants GM to sell green cars, GM makes plenty but even the Prius is not selling. And if that does not work, Congress wants their money back, No doubt GM will spend the money in the meantime, gee, I do not recall Congress or Paulson asking AIG for the money back if their plans do not work.
It is easy to project a trend into the future on an excel spreadsheet, making it happen is much more difficult. I have rarely to never seen a spreadhseet that allow for a Plan B or even a Plan C alternative. And that is the Achilles Heel of most plans.
Professor Elam 
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