http://www.jrothman.com/blog/mpd/2008/12/jon-stewart-and-the-automaker-bailout.html Management, especially good management, is hard to do. This blog is for people who want to think about how they manage people, projects, and risk. Fri, 18 May 2012 15:02:36 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://www.jrothman.com/blog/mpd/2008/12/jon-stewart-and-the-automaker-bailout.html/comment-page-1#comment-30853 Jim Ward Mon, 08 Dec 2008 20:13:31 +0000 http://jrothman.com/blog/mpd/?p=8575#comment-30853 Johanna, I'm not sure what analogy you are drawing here. The whole financial bailout thing, including the automakers, is extremely complex. The stakes for all of us are very high, and failure to act appropriately will likely result in a prolonged serious recession. Solutions that would likely work under normal circumstances, such as bankruptcy, foreclosures, etc., will not work now because the financial markets are not functioning properly. Maybe too many of us are looking at this humorously because we are too scared or lack the understanding to look at it any other way. The crisis was created through a combination of groos incompetence and greed. Correcting the situation will take effort, cooperation, clear thinking and time - probably quite a bit of time. Johanna, I’m not sure what analogy you are drawing here. The whole financial bailout thing, including the automakers, is extremely complex. The stakes for all of us are very high, and failure to act appropriately will likely result in a prolonged serious recession. Solutions that would likely work under normal circumstances, such as bankruptcy, foreclosures, etc., will not work now because the financial markets are not functioning properly. Maybe too many of us are looking at this humorously because we are too scared or lack the understanding to look at it any other way. The crisis was created through a combination of groos incompetence and greed. Correcting the situation will take effort, cooperation, clear thinking and time – probably quite a bit of time.

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