This GM Exec On Hardball Is Really Arrogant....

[global1]

if we do give the company money - it should be on the condition that this guy gets fired.

[bemildred]

1. You don't reward the guy that caused the problem, if you are smart.

So, yeah.

[SoCalDem]

3. Keep the Hummer..dump Saturn..

No Cash for YOU, buddy :rofl:

[sarcasmo]

10. I second that motion.

[Auggie]

7. Hey wise guy -- GM's problems started 40-45 years ago

[bemildred]

8. I never said he was the only one ... nt

[jwirr]

9. In 1973.

[Auggie]

13. Earlier

GM promised the moon to their workers in order to keep the production lines humming in the mid 60's. Some plants were running 24/7 (they sold every damn vehicle they made). Those promises are still haunting them.

My Dad, who worked for Fisher Body Division, is still amazed at the amount of money that was also wasted then. He says there were a lot of hasty management and engineering decisions made just in the hope of keeping the production line moving. And if something didn't pan out they just accepted the gamble as a risk of doing business. Often times the loss would be in the hundreds of thousands, or millions, of dollars.

My Dad says that in the 1960's and 1970's no other company in the world could afford the waste absorbed by GM and stay in business.

1973 was another nail in coffin -- no argument. And they made some real crap in the late 70's to mid 80's. But the groundwork for GM's demise was laid decades earlier.

[jwirr]

14. I did not know that - I do remember in the 60-70s referring to GM as

having a budget bigger than most developing countries.

[Schema Thing]

2. Let me guess, Bob Luntz?

[Phred42]

4. Tweety is just trying to make show points by beating him up

The guy needs to be fired but tweety is just being an ass as usual

[Critters2]

5. I guess I missed the interviews with the heads of AIG and Citigroup.

I'm guessing they weren't arrogant, though. Right?

[LisaM]

11. And they apparently got to their hearings via public transport

in coach class.

[Critters2]

16. Apparently. nt

[fascisthunter]

6. All execs should be fired for they are Responsible for the bad performance

of the company they work for. The upperclass(egostistical) never seem to work by the same rules all of us do. Could you imagine what would happen if we all decided not to follow the rules?

...guilotines were used in the past when rules no longer applied to the wealthy, yet applied to everyone else.

[TexasObserver]

12. No bailout for big three without serious conditions.

Conditions that ownership, management and labor must all accept, or no bailout.

[Critters2]

15. Just like AIG and Citigroup.

Wait a minute...