The Globe and Mail today observes that "accounting issues raise big red flag over reborn GM".
How "reborn" can it be if it's carrying over accounting issues from before its collapse? (discussed, for example, here and here).
Sadly, having previously observed other practices that hearken to their shifty ways, there remains enough bad habits to make any investor pause before trusting GM.
I've got to ask, having seen them burn through over $60 billion dollars en route to one of the biggest failures in corporate history, and now seeing bad habits resurfacing, why should tax payers be putting ourselves in a position to get burned again?