I haerd an analyst on CNBC this morning who made the point that, while Detroit management deserved the condemnation currently being heaped on it for the last quarter of the last century, management over the last 3-5 years has been good. A case of too little too late for most people but an opinion worth noting.

exercises only politically correct practices and work rules – Unsk

This has a baby-bathwater quality to it. Same for some of the environmental regulations governing disposal of toxic waste.