GM, Meet Your New Daddy

Well not exactly daddy, but chairman.

http://online.wsj.com/article/SB124455917011697805.html

Edward Whitacre Jr., who turned AT&T Corp. into the world’s largest telecommunications company as chief executive, will become chairman of General Motors Corp. when the company leaves bankruptcy, the auto maker said Tuesday.

             The 67-year-old Mr. Whitacre is known as a straight-talking, no-nonsense executive with a track record of cutting big deals and working closely with the U.S. government, skills that could prove critical for GM as it orchestrates a massive restructuring under close scrutiny of the U.S. Treasury.

Could be interesting.

great…

x2

Now I guess BMW is my new favorite brand. :frowning:

:tup: They need an outsider as chairman. Chairman/CEO’s always get absolute power and usually fuck things up. This guy is smart and knows what’s up.

Sounds like a good start.

+1

This is a good thing!

Bingo!

chevy soon to hold contract with apple for Icar?

At least its not Gheitner or Barney Frank.