Quit talking about my pole.
Last I heard, GM hadnt divested all of GMAC, just a portion and it was under so many qualifiers that they might get the whole thing handed back to them at any failure of those qualifiers. And its all supposed to "come back" to them if they meet certain restructuring goals. The whole intent was to temporarily raise capital for restructuring costs and boost the credit rating for GMAC so they could get better credit terms...separate from the main GM "wreck".
After seeing their car guys (and ford) insisting that americans still want bigger SUV's and hybrids that are more focused on horsepower than gas mileage...either these guys are idiots or their customers are. Couple with the apparently inept management and it doesnt look that hot.
On the other hand, chrysler looked pretty awful 25 years ago...