 pnh102Reptiles Are Cuddly And PrettyPremium 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. -- Blagojevich / Madoff 2012! | |
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 |  GlobalMindDomino Dude, POWER Systems GuyPremium join:2001-10-29 Hollywood, FL | Re: Lateral Management Change said by pnh102:I can't call this a downgrade, as the previous management of GM knew nothing about cars either. Well I think he knew something about cars, just not how to run a car business.
Heck, I'm a car guy....I'll run GM on the cheap too. Give me $250k a year and I'm there.
Oh and of course my company car would need to be a new Vette.  -- TheGlobalMind.com / Speed costs money. How fast do you want to go? / Trust the instinct to the end, though you can render no reason. - Ralph Waldo Emerson / Free market capitalism is the best path to prosperity. | |
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 |  |  pnh102Reptiles Are Cuddly And PrettyPremium join:2002-05-02 Mount Airy, MD | Re: Lateral Management Change said by GlobalMind:Oh and of course my company car would need to be a new Vette. If it was me I'd insist on a Honda or Toyota. I do want to make it to the office and back.  -- Blagojevich / Madoff 2012! | |
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 |  |  |  GlobalMindDomino Dude, POWER Systems GuyPremium join:2001-10-29 Hollywood, FL | Re: Lateral Management Change said by pnh102:said by GlobalMind:Oh and of course my company car would need to be a new Vette. If it was me I'd insist on a Honda or Toyota. I do want to make it to the office and back. Actually I've got Mazdas and they've been great. The Vette is for, well...if I'm there I might as well have something fast. -- TheGlobalMind.com / Speed costs money. How fast do you want to go? / Trust the instinct to the end, though you can render no reason. - Ralph Waldo Emerson / Free market capitalism is the best path to prosperity. | |
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 |  |  |  |  | | Re: Lateral Management Change Would that be for a fast getaway in case things go to hell again?  | |
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 |  |  |  |  |  GlobalMindDomino Dude, POWER Systems GuyPremium join:2001-10-29 Hollywood, FL | Re: Lateral Management Change said by loadmaster:Would that be for a fast getaway in case things go to hell again? LOL Sure why not. | |
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 |  |  |  baineschile2600 ways to livePremium join:2008-05-10 Sterling Heights, MI Reviews:
·Comcast
| said by pnh102:said by GlobalMind:Oh and of course my company car would need to be a new Vette. If it was me I'd insist on a Honda or Toyota. I do want to make it to the office and back. That one actually did make me LOL. | |
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 |  |  | | Make mine the new Camaro SS or even better the Cadillac CTS-V  | |
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 |  TSI GabePremium,VIP join:2007-01-03 Chatham, ON kudos:2 | Will our cars be throttled?
Oh no wait, they already are. | |
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 en102Canadian, 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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 |  KrKHeavy Artillery For The Little GuyPremium join:2000-01-17 Tulsa, OK | Re: GM and AT&T - neither company 'evolved' said by en102:This should be a perfect fit for Ed. Old school business, old school union, old school mentality. Yep, GM's doomed. His first move will probably lobbying the Government to "Level the playing field" by banning Foreign competition / built vehicles.
He'll probably want a "Universal Automobile Service Fund" built out of Road use taxes and fuel taxes that will be a big slush fund for GM. -- "Fascism should more properly be called corporatism because it is the merger of state and corporate power." -- Benito Mussolini
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 |  nitzanPremium,VIP join:2008-02-27 kudos:2 | said by en102:This should be a perfect fit for Ed. Old school business, old school union, old school mentality. Maybe old-school is what GM needs?
The GM problems are less on the innovation/regulatory side and more on the financial side.
Despite any stupid remarks he might have made in the past, at least Ed Whitacre is financially conservative which is exactly what GM needs right now.
Hell, things at SBC (pre-AT&T merger) were going very well under Whitacre. It's the new psycho management (Stephenson) that scares the crap out of everyone. | |
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 |  |  PyrionLiquid Metal Nanomorph join:2001-12-01 Poway, CA kudos:1 | Re: GM and AT&T - neither company 'evolved' said by nitzan:Maybe old-school is what GM needs? To put it out of its misery? Yeah, sure. Hopefully. -- "There is much pleasure to be gained from useless knowledge." - Bertrand Russell | |
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 | | 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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 |  | | Re: Goodbye GM If we look at the glass as half-full, we could be thankful that Chainsaw Al Dunlap wasn't recruited for the job. Nobody could drive a company faster into the ground while breaking all kinds of laws in the process. | |
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 |  |  | | Re: Goodbye GM I happen to love the hell out of my little 92 Saturn. It struck me as odd when I bought my '07 focus that the 17 year old saturn with 240K on it could run circles around the focus (speed-wise, and MPG-wise.)
It's a real shame to see what's happening to GM (Whiteacre) | |
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 |  |  | | Saturn (pre-rejoining) was the BEST example of a carmaker, but the worst example of a profitable-margin based company.
By letting Saturn loose to self-manage, the company designed and built a car that was efficient, reliable and durable (the timing chain, the replaceable panels...). But what was bad was that, like Subaru, without planning for longterm buyers, the issue is sales. Owners will have the car for a decade. That is something GM didn't want. Hence the Saturns are now also Opels... GM sells parts. Can't you tell?
(Corvette, Tahoe, Suburban all in their own class. Everything else is rebadged or junk) Too bad, as the GMC 2500HD has a quiet and powerful diesel.
Toyota, I hope, is learning to get out of vested interest with GM, and bring back smaller pickup (the Tacoma has gotten too big) with turbo diesel. Imagine a small truck that can carry 1000lbs, pull 8000lbs and get +30mpg. Toyota and Nissan could pull this off.
GM missed the boat and the taxpayer is bailing them out...
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 morboComplete Your Transaction join:2002-01-22 00000 | goodbye GM wow. goodbye, GM. this time, for real. | |
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 |  PhilRojo SolPremium join:2001-06-11 Downers Grove, IL kudos:2 | Re: goodbye GM How so? Anyone paying taxes in the US, myself included, is paying the salaries of all GM employees. No matter how poor the offerings from GM it will continue to be shouldered by loans from the tax payer we can't possibly ever repay. | |
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 |  |  pnh102Reptiles Are Cuddly And PrettyPremium join:2002-05-02 Mount Airy, MD | Re: goodbye GM Exactly. GM and Chrysler are becoming this historical period's equivalent of Amtrak.
Although you can make logical, reasoned and perfectly valid arguments for funding Amtrak. -- Blagojevich / Madoff 2012! | |
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 |  |  |  PyrionLiquid Metal Nanomorph join:2001-12-01 Poway, CA kudos:1 | Re: goodbye GM said by pnh102:Exactly. GM and Chrysler are becoming this historical period's equivalent of Amtrak. Although you can make logical, reasoned and perfectly valid arguments for funding Amtrak. Not on the west coast. Amtrak is fucking pointless out here. -- "There is much pleasure to be gained from useless knowledge." - Bertrand Russell | |
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 |  |  |  |  pnh102Reptiles Are Cuddly And PrettyPremium join:2002-05-02 Mount Airy, MD | Re: goodbye GM said by Pyrion:Not on the west coast. Amtrak is fucking pointless out here. From a practical perspective, Amtrak really ought to be divied up to the states. There's no reason why states in which Amtrak is not useful should have to pay to keep Amtrak running in states where it is useful. -- Blagojevich / Madoff 2012! | |
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| said by Phil:How so? Anyone paying taxes in the US, myself included, is paying the salaries of all GM employees. No matter how poor the offerings from GM it will continue to be shouldered by loans from the tax payer we can't possibly ever repay. Just like China. What most people are not realizing is even if the government owns most of GM does not mean its out of debt and starting "fresh", it just means the government is shouldering all the debt now. Its not saving any jobs mind you, its just a band aid.
Does no one else see the HUGE problem here with shouldering so much debt to one country? China bought the government bonds that inherited the GM buyout for crying out loud. lol
China does not have to lift a weapon to take over the US it just has to buy it. China is also the 2nd highest foreign land owners in the USA behind Mexico. The 2nd highest in regards to business properties. Who knows how many fronts china has in purchasing land with private citizens as backers.
Not trying to be paranoid, just stating that if you are going to bail out a US company, you don't take loans from China to do so. Simply amazing. | |
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 | | Government bailout companies LOL the whole reason AT&T exists is due to bailouts... and now, ditto GM. | |
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 |  | | Re: Government bailout companies When has AT&T ever been bailed out? | |
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 |  |  | | 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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 |  |  |  swaff join:2000-07-16 Normal, IL | Re: Government bailout companies said by fifty nine:said by bogey780:When has AT&T ever been bailed out? Not bailouts in the TARP sense, but lots of Government assistance. You don't know what you're talking about | |
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 |  |  |  |  | | Re: Government bailout companies He means government regulation that snuffed out ATT's competition and a complete lack of anti-trust policy enforcement. | |
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 |  |  |  |  | | What are you 12?
Do you really have not clue as to the history of the telephone companies? | |
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 |  |  |  |  | | said by swaff:said by fifty nine:said by bogey780:When has AT&T ever been bailed out? Not bailouts in the TARP sense, but lots of Government assistance. You don't know what you're talking about That would be you, kid. | |
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 |  |  |  |  |  1 edit | Re: Government bailout companies yea and unless you have quotes to prove it that pops your balloon as well, kid. | |
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 |  | | AT&T never received a bailout ... They made 10 billion (Net income), and had over 119 billion in revenue last year (Source: Wikipedia). AT&T is one of the biggest phone companies and has never had any financial problems as far as I know. | |
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approval from: fiberguy 
| Re: Government bailout companies Yeah...
Sounds like someone needs a history lesson. True, they didn't get an outright bailout, but the USF is basically a welfare program. Deregulation meant that they could charge more for their service while not actually providing any. They've also received government funds and tax incentives to build a 45 Mbps broadband utopia that's never materialized. And then there's the FCC, who eviscerated the Telecom Act of 1996 effectively obliterating competition in the telecom industry (which other countries sucessfully implemented to the benefit of consumers).
There are many sources of info, but for starters just go here: »www.newnetworks.com/. When you're done reading maybe you will rethink your original post.
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 |  |  | | said by KnightAR:AT&T never received a bailout ... They made 10 billion (Net income), and had over 119 billion in revenue last year (Source: Wikipedia). AT&T is one of the biggest phone companies and has never had any financial problems as far as I know. Yes, when the Government basically ensures you have no competition and can collect sll sorts of fees to do upgrades, some of which are/were vaporware, you should be making a profit. | |
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 | | 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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 | | 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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 | | Uh oh.... ...will his first order of business be to shut down rural dealships?  -- Comcast has spoiled me rotten! | |
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 |  | | Re: Uh oh.... Well, when you consider obammy's car czar, Ed might just be an improvement. | |
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 Matt3All noise, no signal.Premium join:2003-07-20 Jamestown, NC kudos:12 | 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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 | | 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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 |  sivranOpera convertPremium join:2003-09-15 Arlington, TX kudos:1 | Re: So... The nickname is a reference to when Whitacre said, "I won't let them use my pipes for free" in reference to Google, etc. | |
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 |  |  fiberguyMy views are my own.Premium join:2005-05-20 kudos:3 | Re: So... Yea... and? Still he's right.. somehow, the adolescent users of BBR have turned it into a bad word, somehow to which I've always laughed at..
The level of immaturity here on BBR never ceases to amaze me.. and for what.. the "internet".. oi.  | |
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 imrfPremium 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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 wifi4milezBig Russ, 1918 to 2008. Rest in Peace join:2004-08-07 New York, NY | 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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 HpowerRoflmao join:2000-06-08 Glendale, CA | Great.. "he ain't going to let you use his roads for free."
haha same as not letting anyone use AT&T's pipe's for free. What a messed up economy we have where we have big shots run a company that don't know anything about what the hell a car is. Wow, just wow. -- The Internet is about to go down....it is actually. | |
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 cacoPremium join:2005-03-10 Whittier, AK | Times are tough Whitacre must need the money. ATT pension payments can't last forever. -- »www.seabee.navy.mil | |
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 |  | | Re: Times are tough There won't be an AT & T pension if the kid that took his job Randall Stephenson has it his way. | |
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 | | It's not about the cars... Ed was picked because he knows how to deal with a large, lumbering, 1970s-era company, and how to deal with big unions. He'll negotiate new union deals, and start lobbying with the government for less regulation and for more help against the imports. After his "successes" and AT&T, I don't see GM changing much, but perhaps it won't bleed moneys so rapidly. | |
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 |  public join:2002-01-19 Santa Clara, CA | Re: It's not about the cars... said by Kessel :
Ed was picked because he knows how to deal with a large, lumbering, 1970s-era company, and how to deal with big unions. He'll negotiate new union deals, and start lobbying with the government for less regulation and for more help against the imports. After his "successes" and AT&T, I don't see GM changing much, but perhaps it won't bleed moneys so rapidly. Exactly. Little eddie does believe in unnecessary knowledge. He demonstrated his judgement when he selected crooked mayor Daley's brother as ceo of sbc to bribe legislators to pass favorable regulations. After $80M of bribes in Illinois alone results were weak. | |
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 Thran join:2002-01-05 Hibbing, MN | eds expericence well with ed running sbc and at&t for so long think he'll merge ma bell with gm? | |
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 | | LOL Now its the NSA in your car now. | |
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 |  | | Re: LOL "Hello, this is On-Star.
We've noticed that your airbags have deployed. Before we can assist you we will have to get clearance from the Department of Homeland Security that you are not a threat to national security. If is determined that you are, you can appeal the ruling by filling out the forms in quadruplicate we are mailing to your home and returning them by postage-paid mail to the addresses indicated. Unfortunately no emergency services can be displatched to your location until this is done and your responses reviewed.
Have a nice day." | |
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 |  |  HpowerRoflmao join:2000-06-08 Glendale, CA | Re: LOL LOL too funny | |
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 fiber_manThings Happen For A ReasonPremium join:2001-01-27 Port Saint Lucie, FL | Killing off another company? Ed has done a great job as CEO of SBC. AT&T and BellSouth were good companies before this quack of a CEO took over both of them. Shareholder value has dropped like a rock and employee morale is non existent. -- GO NOLES!! | |
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 wistlo join:2003-01-04 New Orleans, LA | cost control Eds' crowning achievement was the basic reconstitution of Ma Bell. He kept his eye on that ball for years, even decades, while other telecomms wandered off doing business-as-usual. One by one, the smallest baby-Bell to emerge from the breakup swallowed up formerly larger siblings.
I'm not sure that the business model of gobbling up territory and playing the regulations will work for GM, though. GM played the regulations, too, but while they were arguing about airbags and crash standars, Honda and Toyota went about building better, more reliable cars. The coming fight will be between Korean and Japanese manufacturers.
AT&T made some smart moves in acquiring bright spots on the technology front (the iPhone comes to mind), but the company certainly isn't a model of efficiency. The clumsy dismantling of a robust corps of telecommuters, for example, has proved costly in dollars, morale, and talent.
At least Ed will be seeing familiar customer satisfaction numbers in his new job. | |
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 |  Sammer join:2005-12-22 Canonsburg, PA | Re: cost control Ed knows that Qwest is still available to merge with GM! | |
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