So GM lost 15.5 billion in the last quarter, as the article says due to large vehicle inventory write down, part of which, I think, is the cost of lease residuals being much higher then market price. Do you think that rather then wholesaling off the lease backs, if they can, it would have been smart to give the lessee a discount to purchase the vehicle for less then the buy out or was the hope that the owners would re-lease or purchase another new vehicle from GM was just too inviting?

Just askin’ and would like you opinion about this and the whole GM thing? Thanks.

http://www.onenewsnow.com/AP/Search/...aspx?id=200752