Bailout Watch 255: Nadelli: "Then Again, Too Few To Mention"

Robert Farago
by Robert Farago

Couric You came from Home Depot to run Chrysler. You had to be a quick study, but from what you’ve learned, what was the U.S. auto industry’s biggest mistake?

Nardelli: Well I think, look, we’ve all made mistakes. I’ve been in business for 38 years, and whether I was at GE or Home Depot or Chrysler, I think the important thing now is to look at this crisis. How do we make sure that we are repositioning ourselves that we break from some of those old paradigms to make sure that we are making new products that we are delivering service to customers, the kinds of cars and trucks they want to drive, have the conficence to drive and will tell their friends about it, Katie.

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4 of 16 comments
  • Cleek Cleek on Dec 05, 2008

    title typo -- You can't spell Chrysler's Nardelli with out the "r". R- as in: Residue, retrograde, reprehensible, etc...

  • Jnik Jnik on Dec 05, 2008

    Was he coached by Sarah Palin?

  • Runfromcheney Runfromcheney on Dec 05, 2008

    A part of me feels for Chrysler and Nardelli. I mean, this is not their fault. Daimler chewed them up and spit them out, and Nardelli was just thrown into this mess not knowing what he was getting into. I don't think we can lay ANY blame on Nardelli for the current situation, because Chrysler was already FUBAR when he got there. Nardelli tried his best to polish a turd, but he still ended up holding a turd.

  • Tech98 Tech98 on Dec 05, 2008

    When the Home Despot takes time out from eating puppies to address the media, you need to have your corporate-speak Bullsh*t Bingo card ready: Corporate America is truly broken when the see a sociopath self-aggrandizing bully organizational politician like this as a 'leader'.