LaSorda Death Watch?
Chrysler's former CEO and current president Tommy Lasorda says his turnaround plan is on target and on course– ish. "The plan is robust, but we'll have to wait and see what happens in the economy." Other than creating some career-protecting wiggle room, Lasorda would like us to know that he won't be booted after the UAW contract negotiations are finished. The Detroit News says Tommy says he signed a contract with Cerberus– but declined to discuss its terms or duration. Hmm. Given Cerberus' "take no prisoners" modus operandi, Boot'em Bob Nardelli's pledge to press fast forward ("if we can do it faster, more efficiently, that's what we're going to do") and LaSorda's ascension to Vice Chairman of Cerberus Operating and Advisory Company (a.k.a. "the bullpen"), expect LaSorda's turnaround plan to mutate even as his golden parachute unfurls.