More on GM BK

It's just really, really upsetting this whole BK thing with Chrysler and GM. I think we all knew that this was inevitable. Thank God that Wagoner is out as CEO that guy is a disaster. They need to fire all those guys. In my opinion they are probably too old school to be competitive. Muscle cars are cool but the days when something is getting 12 MPG are coming to an end. Don't they know that the world's oil supply is in decline? What I never understood was when Wagoner stated that they were in the development stages of hybrid type cars but because of the economic downturn it foiled their plans. That was some kind of joke right? I mean this is GM you're referring to is it not Mr. Wagoner? Why in the world were you not developing this 10-15 years ago? Unbelievably upsetting. GM needs young, hungry guys (or gals) who actually have some vision!
Please feel free to post your thoughts!