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Friday, December 12, 2008 12:00 AM

Timber! General Motors is falling

The automaker announces it will close most of its manufacturing plants for 30 percent of the first quarter of 2009. That includes a factory in Tennessee, by the way.
Andrew Leonard

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  • Friday, December 12, 2008 11:13 AM

    what do i mean by "nationalize"

    Basically I was talking about the Scandinavian solution much-discussed a few months ago. Seize failing banks which are too big to fail, give their shareholders their haircuts, fire management, unwind their obligations, and spin them off again.

    —odograph Read odograph's other letters

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