pnh102
Reptiles Are Cuddly And Pretty
Premium
join:2002-05-02
Mount Airy, MD | Lateral Management Change
I can't call this a downgrade, as the previous management of GM knew nothing about cars either.
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Blagojevich / Madoff 2012! |
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en102
Canadian, eh?
join:2001-01-26
Valencia, CA | GM and AT&T - neither company 'evolved'
This should be a perfect fit for Ed. Old school business, old school union, old school mentality. |
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jarrodholder
join:2002-07-22
Rossville, GA
clubs: | Goodbye GM
I'm not a GM fan anyway, so I say "Welcome Ed!" 
Sounds like a perfect match to kill off a dying company. |
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morbo
Complete Your Transaction
join:2002-01-22
00000
clubs: | goodbye GM
wow. goodbye, GM. this time, for real. |
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Eat Me
join:2002-09-25
Sussex, NJ | Government bailout companies
LOL the whole reason AT&T exists is due to bailouts... and now, ditto GM. |
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hottboiinnc
ME
join:2003-10-15
Cleveland, OH | GM has a brand new car coming out.
Karl you must not watch TV or read the actual NEWS. GM is working with Segway right now on a brand new car.
www.segway.com
That IS innovation. |
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Network Guy
join:2000-08-25
New York | I'd love to see GM fail again
Three times is the charm. Maybe Obama will piss away our tax dollars somewhere else next time around. |
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ib50MbSoon
Formerly TwoKDialup
Premium
join:2002-06-07
Coloma, MI | Uh oh....
...will his first order of business be to shut down rural dealships? 
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Comcast has spoiled me rotten! |
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Austinloop
join:2001-08-19
Austin, TX | Well, when you consider obammy's car czar, Ed might just be an improvement. |
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Matt
Take me down to the paradise city
Premium
join:2003-07-20
Jamestown, NC
 ·North State Commun..
|  Whitacre is a perfect fit ...
... to kill off GM once and for-all.
said by article :
nor is it clear that a government-pampered, lumbering monopoly with a poor history of listening to customers is the kind of model GM should be emulating.
That sounds exactly like what GM has been doing all these years. Not listening to customers, lumbering along behind the sales of inefficient trucks and SUVs, no future contingencies in the case of a radical market shift ... AT&T and GM are very similar. |
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me1212
join:2008-11-20
Pleasant Hill, MO | reply to hottboiinnc
Re: GM has a brand new car coming out.
I have seen said car on the news, I would not buy it. |
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bogey780
join:2004-03-19
Here | reply to Eat Me
Re: Government bailout companies
When has AT&T ever been bailed out? |
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hottboiinnc
ME
join:2003-10-15
Cleveland, OH | reply to me1212
Re: GM has a brand new car coming out.
Why? it's great to travel in the cities. It's just like a segway.
Hell even the Smart car is a great car! Great gas mileage and the cars are CHEAP! |
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BabyBear
Keep wise ...with Night-Owl
join:2007-01-11
| Stop the Gas station free rides!
There ya go Ed. First chance to scrounge up some 'free' cash. Tell us all how the gas stations of America are getting a free ride off of GM vehicles. 
Maybe he can put his AT&T experience to work in the area of bundling AT&T services with your new GM car to give the appearance of value.
Oh I know. Mileage caps!  |
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me1212
join:2008-11-20
Pleasant Hill, MO | reply to hottboiinnc
Re: GM has a brand new car coming out.
I don't like the way it looks for one, and for two I live in a very rural area. IF I lived in a city maybe, but I like small trucks more they can carry more stuff. |
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Eat Me
join:2002-09-25
Sussex, NJ
·PenTeleData
 ·Future Nine Corpor..
·VOIPo
·Vonage
| reply to bogey780
Re: Government bailout companies
said by bogey780  :When has AT&T ever been bailed out? Not bailouts in the TARP sense, but lots of Government assistance. |
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skuv
@rr.com
| So...
Is there supposed to be something wrong with calling an Internet connection a pipe?
I don't personally call them pipes, but I've worked in the backbone business for 13 years, and lots of people call them pipes. They don't literally believe that they are pipes.
Perhaps you're confusing this with the Senator that called the Internet a "series of tubes" and literally believed that. |
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imrf
Premium
join:2002-06-06
Utica, MI
1 edit | He's not running the company.
The chairman doesn't run the company. Fritz Henderson will still be running GM. |
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jester121
Premium
join:2003-08-09
Lake Zurich, IL
 ·surpasshosting
·ViaTalk
| reply to BabyBear
Re: Stop the Gas station free rides!
said by BabyBear :Oh I know. Mileage caps! The greens in government will take care of that one for him. |
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wifi4milez
Big Russ, 1918 to 2008. Rest in Peace
join:2004-08-07
New York, NY
 ·Verizon FIOS
 ·Sprint Mobile Broa..
 ·RoadRunner Cable
·BroadVoice
| To be honest, this might not be THAT bad of a move..
Here is what we know about Ed; he sticks to budgets and is good at keeping spending in check. Here is what we know about bankruptcy; it allows a company to get out of all its contractual obligations.
This means that Ed will be able to dissolve the wage contracts GM had with the unions (cutting costs). It means he will be able to renegotiate the pricing with distributors (cutting costs). He will also be able to renegotiate the pricing they get from suppliers. Assuming he sticks to what he knows, this means he could dramatically reduce operating costs almost immediately.
The end result will be that he comes out looking like a hero, and that he saves GM.
--
D-Day; If you can read this thank a soldier
-The United States of America-
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