GM has many competitors with products many people consider superior. CAT has competitors with good products, but CAT has some superior products. Many people consider CAT to be the global leader. That's not true about GM.
gm couldn't compete with cat even remember Uklet, Detroit Desiel, solar, delco remy, etc. for years couldn't compete with street cars and bought them out and closed them down. GM the biggest disgrace to America.
Well GM has had a failing business model for deck ages, I shorted them in 2005 right in middle of the industrial boom. AIG is a total business model. GM is an example of company that did not prepare to make money in a down turn and AIG is an example of a company who help cause it. These are poor comparisons.