A lot of companies that have not filed for bankruptcy may be close to a breaking point. The risks are very high right now.

We continue to regard Borg as a top pick in a group that we are quite negative on.

GM was [the] toast of the domestic industry in 2001. Now it appears that it had at least some help from aggressive accounting.

When I look at 2006, I see a lot of the same pressures I saw in 2005.

It's not up to GM, it's up to the consumer whether that price holds or not. GM's pricing strategy continues to be a source of confusion for investors.

Automakers' extremely generous incentives in recent weeks have simply drawn forward industry demand.