I know that the auto bailouts strikes a cord one way or another with most Americans. It is especially sensitive here in the Motor City where I reside. As I have stated here previously I was not a proponent of the government bailout and would have liked to have seen more of a free market approach but no one can deny that the pain of that crisis was lessened somewhat due to the government involvement. Long-term I still contend that there will be issues although I hope that I am wrong.
That said, here was a 60 Minutes piece from the past weekend featuring an interview with top Chrysler and Fiat boss Sergio Marchionne. My personal take away from the interview was that Marchionn came across as a very personable person. From the sounds of it he has made a tremendous amount of change at Chrysler. From a personal perspective he seems to be a workaholic, a person who keeps his private life private, and a stern negotiator. A negotiator that probably got a great deal from the government but at the same time has taken great risks in trying to resurrect the Chrysler group.
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