Thursday, December 18, 2008

The Boys At Cerberus Are At It Again. Let's End This Nonstop Drama.

I have a proposition. Cerberus "gives" Chrysler to employees to get out from under its obligation to actually give a shit about Chrysler's future. An employee owned company appoints Jim Press (The only non-Japanese executive to sit on Toyota's board and current Chrysler vice-chairman.) as its chairman and appoints Tom LaSorda (An operational genius at Chrysler) as CEO. Bob Nardelli can graciously retire to spend the hundreds of millions of dollars he pillaged from Home Depot. That would be a company I would invest in.
posted by TimingLogic at 1:10 PM