And he goes for the jugular:
Major stuff is coming down tonight and tomorrow in regard to the big automakers; the CEO of GM was forced out by the government, which said essentially that neither Chrysler or GM were putting forward ‘viability’ plans that were any count. GM has 90 days to try one last time, and Chrysler has 30 days to set up a merger/buy-out with Fiat or someone else. Not clear on the details; keep your ears open in the morning.