(Guest Post by Matthew Ladner)
Mark Steyn doesn’t pull any punches in the Washington Times this morning. Money quote:
General Motors now has a market valuation about a third of Bed, Bath And Beyond, and no one says your Swash 700 Elongated Biscuit Toilet Seat Bidet is too big to fail. GM has a market capitalization of just over $2 billion. For purposes of comparison, Toyota’s market cap is $100 billion and change (the change being bigger than the whole of GM).