GM Rebounds

GM has been revived from bankruptcy.  It only took 40 days! There will be a heavy down-sizing of the company:

The new GM will have fewer brands, fewer plants and fewer workers. The number of U.S. executives will be cut by 35 percent and U.S. salaried employment will drop by 20 percent by the end of this year. As important, Henderson said, is that the corporate culture at the automaker must evolve, enabling the company to be more nimble and more focused on beating its competitors.