a few months ago (in May) GM put Rick Wagoner's salary back up to $2.2 million taking him off his self-imposed pay cut
and now he wants a government bail-out? He'll do perfectly fine with or without one. He wants to save his company? Make him, and all of GMs top executives, pay for it. the company is a complete failure because of personal greed MEK Joel Gajewski <[EMAIL PROTECTED]> wrote on 11/14/2008 10:37:11 AM: > As sad as it is for life in Detroit, the US auto industry has not > exactly learned any lessons from the 70's/80's when foreign cars > started picking up in terms of sales. Plus, they neglect the > American market in terms of style, performance and most importantly > quality. They should have known that their busines plans based on > large trucks and SUV's in the 1990's would only last for so long. > > I have known far too many people that work in the industry and feel > that they are owed something and have very little pride in their > work, which is a huge cause in the lack of quality. I had two sides > of my family working for Ford or Chrysler (pre Daimler) and sadly > this is really what I saw growing up. > > I had two Chyslers and one Ford, none of which made it past 100k. > Well, the Ford I dumped with 36k because it was already having problems. > > This might not be a popular view, but it is my honest opinion and it > pains me to say it as I love Detroit and all of my family there. > > It's sad really. > > > ----- Original Message ---- > From: "[EMAIL PROTECTED]" <[EMAIL PROTECTED]> > To: Martin Dust <[EMAIL PROTECTED]> > Cc: list 313 <313@hyperreal.org> > Sent: Friday, November 14, 2008 9:44:31 AM > Subject: Re: (313) Business Automotive industry 'If General Motors > were to lose out, I think Detroit would go under > > "We're not recyclers," he said of his countrymen. "We're consumers of > products." > the problem in a nutshell > > > > MEK > > > > > Martin Dust <[EMAIL PROTECTED]> wrote on 11/14/2008 09:06:49 AM: > > > grim reading: > > > http://www.guardian.co.uk/business/2008/nov/14/ford-chrysler-general-motors > > > > m
