If every car company had run into just as much trouble -- needing to be loaned many times their total value just to avoid bankruptcy -- GM might argue they were just victims of the broader economy. But although every car company ran into some trouble, only GM and Chrysler needed to be bailed out to the tune of vastly more than their total value. And only GM and Chrysler had that total value plummet under $2 billion. Not Ford. Not Toyota. Not Honda, Hyundai, Kia, Volkswagon, Mazda, or BMW. But then those companies weren't pre-stressed by legendarily incompetent leaders like Rick Waggoner. They hadn't all been positioned for years to be perfectly prepped for utter failure when the market turned ugly.