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Give some credit to GM's execs for selling EMD when they did. If they tried to sell it now, it would be going for a fire sale price. Which makes one ask the question, was EMD doing that badly? I thought EMD was one of the few divisions of GM doing fair to middlin well. I figured EMD got sold to private owners simply to allow GM to focus closer on automobile and truck production. I'm not particualrly worried about GM going away... anyone remember the billion dollar loan guarantee Chrysler got in the late seventies? Also, remember, "whatever is good for GM is good for the United States"... Erik
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