Friday, May 01, 2009

Quote of the Day:

[Since the] US GOV owns Chrysler and GM in partnership with the autoworkers' unions, does that mean we face the prospect of being exhorted to "Buy Un-American"?
Also, it seems that CEO Nardelli will be sent home without his supper. Meanwhile, the public seems to be speaking, but nobody in Washington is listening...

3 comments:

Andy said...

Nardelli takes over HD. HD nearly collapses. Nardelli hired by Chrysler. Chrysler going into bankruptcy.

But, we've gotta keep paying them stupid money to keep talent!

I don't mind if a really smart guy does one hell of a job and gets compensated for it. I object when the incompetent still get compensated.

Tam said...

In fairness, when he took the gig at Chrysler, it was like getting the keys to the Titanic, post-'berg.

Bram said...

With most of these corporate collapses, the real incompetents have already been shown the door before Congress and the media are involved. It was certainly the case with AIG.