Financial wing GMAC got killed by subprime, the credit crunch, gas prices... all that on top of lagging sales. Sure, some of that perfect storm is their own fault. But, it's not as simple as "their cars suck" and "the workers make too much money".
If everyone pays for the things that are not their own fault, then the playing field is leveled. Then the things that are their own fault come into play, and those parties who were hit by the common problems AND their own problems will suffer more than those who didn't have their own problems (or had smaller self inflicted problems). Seems this is the way it should be.
Well if gas prices and credit crunch lead to people shunning big cars, then GM builds the wrong type of cars. I don't think you can blame the gas price on an evil conspiracy.
