Thread: Should the government bail-out include domestic automakers?
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Old 11-14-08, 05:37   #99 (permalink)
Len_A
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Re: Should the government bail-out include domestic automakers?
Quote:
Originally Posted by Setec Astronomy View Post
Isn't he the guy who bailed out of GE when he didn't get Jack Welch's job? I dunno, but if I'm a retail giant the guy I'm looking for to run my company (into the ground) is a guy who's spent his whole career building locomotives, power plants, jet engines, motors and washing machines.
Yea, he was at GE, and he bailed out on them when he didn't get promoted. He really did a number on Home Depot. A lot of internal turmoil. Until housing begins to crash and hurt all the home improvement stores, Lowe's was really eating Home Depot's lunch. Nardelli's policies really damaged customer service.
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