"I Dont Know Anything About Cars"
Wonderful, who better to appoint CEO of Government Motors, but someone who doesnt know anything about the industry itself.
Got to hand it to the folks at the Treasiry, they sure do know how to pick them!
Does anybody else have a problem with the Treasury selecting CEOs?
Something else that is funny, this is the same guy that got grilled on Capitol Hill over spying on phone calls as the CEO of AT&T under Bush.
He calls this role a "public service". And rightly so, since the government owns it.
Money quote in this article comes from a GM engineer named, Jim Hall:
So GM is not about making just cars? So what else does GM plan on doing in the future? Making post-its?"...There’s a parallel with General Motors. GM is not now about just making cars. It’s about re-creating itself as a 21st-century car company. They have to have somebody at the top that understands they have to make a new GM....."
Whitacre Vows to ?Learn About Cars? as Chairman of New GM Board - Bloomberg.com