Kerkorian type of investor is very good, to clean the mess! No doubt, Chrysler will benefit from this approach. And, for us, we think Chrysler value is bigger than 4.5 billion dollars.
This is another ingredient to the rearrangement of the auto industry in America.
In another planet, we read this: Alan Mulally, who succeeded Bill Ford last year as chief executive of Ford Motor Co., received compensation valued at $39.1 million in his four months on the job in 2006, including an $18.5 million bonus related to his signing and awards he gave up when he left his previous employer Boeing Co., according to a regulatory filing Thursday.
This is not good for Ford. To earn 39.1 minus 18.5 million dollars in four months says that the Ford Board did not make its appropriate job!
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