197 ordspråk av David Cole

David Cole

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The executives really took a huge hit. That's typical in a bankruptcy, where executives lose a significant part of their compensation.

One thing about Jerry -- you have got to pay attention to him.

We're in a time where the clock is moving much more quickly on GM. I think they're fortunate to have Jerry because this thing is going to be played out in the next six months, not the next five years.

He's different than Perot and Smale because he does know the business and he's been close to it for a long, long time. Jerry is a disciplined guy. His intent is not to blow the place up.

I think it's a very excellent move that Jerry will be joining GM's board. My only concern is that he may have had more influence from the outside than he will from the inside.

Wagoner isn't interested in a quick turnaround; he's looking long term.

With what happened, I think things are on hold. This is not a permanent decision. It's in abeyance right now until they can be more confident in the work force. The Japanese model is one of a higher level of visible collaboration between labor and management.

(An agreement) is very complicated, but doable.

That's one of their strategic objectives -- not to be viewed as an import but somebody who's part of the local region.

The delay is a good thing; it means there's room for a deal here.

You certainly wouldn't want to put the burden of this on someone who is new to the scene.

The ingredients are there for a deal, but it's very complicated.

Reality becomes starker as the deadline approaches.

Over the years it had a checkered history. It became more like a college fraternity thing.

The president was right. If Detroit has to wait around for Washington to act, they'll be dead and buried.

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