Can it get any worse in Detroit? Bailouts and Startups

$30.9 billion lost in 2008

Can the numbers coming out of GM get any worse? $9.6 billion lost in Q4. $6.2 billion in cash burned (more). That's $84.7 million lost per day.

What else can you say?

Should Obama pull a Thomas Friedman and only give auto money to start ups and just let GM go under?

"Our motto should be, 'Startups, not bailouts: nurture the next Google, don't nurse the old G.M.'s.' "