And so, as i predicted in December, it came to pass that GMAC was given bank-holding company status and GM declared bankruptcy. Chrysler did too, but as always Chrysler is an afterthought. With the benevolence of the taxpayers and their representatives ushering GM through a very quick bankruptcy process, something called “The New GM” has emerged phoenix like from the ashes of a house fire it set by falling asleep with a lit cigarette. We’re treated to headlines of how wonderful the new company will be and optimistic scenarios of returns to profitability in the near term. But let’s put the word “new” into its proper, governmental, context. When the CEO says “new”, hear your Congressperson saying “reform” or your presidential candidate saying “change”.
Results: The last match featured very little suspense, as #10 seed CSN established an early lead and maintained it throughout. The numbers: #10 Crosby Stills & Nash 47%; The Yardbirds 20%; The Dave Matthews Band 13%; Blondie 10%; World Party 7%; Hall & Oates 3%. CSN advances to the Great 48.
Next our search for the greatest band of all time shifts back to the Hollywood Bowl region, where one of the most popular touring bands of all time faces another tough pack of opponents. Continue reading
by Sam Smith
Hi – I’m sitting in for Dawn this week. Here’s your pic: