"Why would a company that hasn't been able to innovate change its way simply because you hand them $25 billion?"
The Drucker Institute put out a video recently on why GM shouldn't get a bailout. I guess having extensively studied the writings of Drucker, such as "Concept of the Corporation", which specifically chronicles inner workings of GM back in the 40's, they are in a better position to comment on the issue than most. In this video, Rick Wartzman, director of the Drucker Institute at Claremont Graduate University shares his thoughts in Drucker's point of view.