Wow...Just...Wow

Latest reports say, Cerebrus has chosen discredited former Home Depot
chairman Bob Nardelli to head their operations. Nardelli, who Home
Depot shareholders gave $210 million to just go away, will head the
attempted comeback for the beleaguered automaker. Inexplicably
Cerebrus has elected to choose a CEO who bombed spectacularly at a
company who was pounding their competition, only to be so disenchanted
with his incompetence at running their operations that they paid him
to just leave. Under Nardelli, HD slashed payroll and service to the
point where formerly loyal customers fled to their main rival,
Lowe's. If I were a GM or Ford stockholder tonight I would be
rejoicing with glee, as Cerebrus apparently has no idea what they are
doing, Hiring a proven failure and hardhead like Nardelli is a sure
way to run what remains of the troubled company into the ground. If I
owned a Chrysler vehicle, I would start looking to sell it, or put it
on ice, to bring it out in 10-15 years when it will be a curiosity
much like a Rambler, Desoto, Studebaker or a Packard was in the 1960's
and 1970's. Cerebrus, what are you THINKING???

 

This news doesn't sound good. I hope he drives a Chrysler. <

As for me dumping my '95 LH Chrysler, I'm now more likely to keep it.
Not on ice, but continuing as my daily used car.
It is worth little now, but may increase in value when 20+ yrs old as an
example of a great Chrysler design success.