Big Three May Need to Trim Number of Car Brands - NYTimes.com
this will be too little too late. I liked Wagoner awhile ago, but now I think he's an arrogant ass. Please don't get me started on Nardelli. Executive compensation at these money losing enterprises is unbelievable.
The brands is another good reason they need to go into bankruptcy. If they could get out of these onerous contracts and obligations, they might have a chance. The brands have some worth, but it's impossible to get out of the knot they have tied themselves into. Only the blade of Chapter 11 (or something like that) can save them, otherwise they are going to go under with no chance of survival.
this will be too little too late. I liked Wagoner awhile ago, but now I think he's an arrogant ass. Please don't get me started on Nardelli. Executive compensation at these money losing enterprises is unbelievable.
The brands is another good reason they need to go into bankruptcy. If they could get out of these onerous contracts and obligations, they might have a chance. The brands have some worth, but it's impossible to get out of the knot they have tied themselves into. Only the blade of Chapter 11 (or something like that) can save them, otherwise they are going to go under with no chance of survival.
posted by Spud at 9:26 AM
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