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Why CEO's of Car giants earn the big bucks...too stupid to know which plants were closing

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HereSince1628 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-09-09 07:09 AM
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Why CEO's of Car giants earn the big bucks...too stupid to know which plants were closing
Too little, too late - JSOnline
JSO Blog Post | Posted: May 08, 2009 | By David Haynes
http://www.jsonline.com/blogs/news/44599932.html

Nardelli apologized to Gov. Jim Doyle and the state’s congressional delegation for mistakenly telling them last week that the company’s Kenosha plant would remain open. Seems he mistook the Kenosha plant for one in Trenton, Mich., which will survive.
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MannyGoldstein Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-09-09 08:23 AM
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1. Nardelli's Particularly Atrocious
He also slammed Home Depot into a wall and fled with a $zillion.
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Stinky The Clown Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-09-09 08:34 AM
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2. Nardelli is very much UNlike the car guys at Ford and GM
Nardelli is CEO for hire. He'll CEO whatever company pays his ass. He couldn't care less about the industry.

You can say what you will about Wagoner or Mullaly, or any of the top Ford or GM execs ....... mostly they're car guys who grew up in the industry and live and breathe cars.

Chrysler is owned by Cerberus Capital ....... hardly car people.

Cerberus (Greek: Κέρβερος, Kérberos) in Greek and Roman mythology, is a multi-headed dog which guards the gates of Hades, to prevent those who have crossed the river Styx from ever escaping.

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