To Bail GM, Or Not To Bail?

The other day we argued against a government bailout of GM, suggesting that a Chapter 11 bankruptcy reorganization, albeit painful, would be better for GM in the long run.

Here's some additional points of view:

"Why Bankruptcy Is The Best Option For GM" (Wall Street Journal)

"A Bridge For The Carmakers" (Washington Post)

"How To Bail Out GM" (Washington Post)

After reading these and other commentary on the issue, we're still persuaded that bankruptcy is inevitable, so might as well start now. As they say, "no pain, no gain."