Motor Authority
HECTOR says
There's NOTHING they can do now, even if they arrive on their knees, to erase the image of these big shot CEOs that have ran their companies into the ground arriving in Washington on private planes to almost demand taxpayer's money for a bailout.
Not that the Democrats care about that. They're so beholden to the UAW that they'll give them our money just like that.
I don't think Ford's CEO should be grouped in with the likes of Wanger and Nardelli. Mully hasn't been at ford for too long, when he got there he began to restructure, and it was working. If not for the finical crisis that made 1/3 of all car buyers disappear completely ford would have been well on track to being profitable in 09, now GM can't say that and neither can Chrysler. We don't know their finances though.
Now this is all not to say that i don't think hes overpaid. He is, so are the rest of them but he was doing a good job, ford's quality is way up recently too.
Hell i'd wager that ford would make it through the crisis without the guberment's help. They don't want to be left out of emergency funding though and I don't blame them.
There's NOTHING they can do now, even if they arrive on their knees, to erase the image of these big shot CEOs that have ran their companies into the ground arriving in Washington on private planes to almost demand taxpayer's money for a bailout.
Not that the Democrats care about that. They're so beholden to the UAW that they'll give them our money just like that.
I don't think Ford's CEO should be grouped in with the likes of Wanger and Nardelli. Mully hasn't been at ford for too long, when he got there he began to restructure, and it was working. If not for the finical crisis that made 1/3 of all car buyers disappear completely ford would have been well on track to being profitable in 09, now GM can't say that and neither can Chrysler. We don't know their finances though.
Now this is all not to say that i don't think hes overpaid. He is, so are the rest of them but he was doing a good job, ford's quality is way up recently too.
Hell i'd wager that ford would make it through the crisis without the guberment's help. They don't want to be left out of emergency funding though and I don't blame them.