Monday, August 6, 2007

Nardelli?!

WTF? Seriously. I don't really care what type of turnaround guy he is, I don't understand how you hire a guy that just got forced out of another job under pressure for exorbitant compensation and a long-lagging stock price. Note that the stock was lagging in a time of historic home appreciation and equity extraction.

Not a good first move for the new Chrysler, not in my opinion anyway.

I think that the UAW is also got to be feeling a tad hosed in all of this. Thoughts?

No comments: