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Lee Iacocca addresses the Cerberus-Chrysler deal

"Daimler Screwed Chrysler" reads the headline in this BusinessWeek.com article penned by Lee Iacocca, the former head of Chrysler.

As you might expect Iacocca, a man never short on opinions, has some harsh comments about what has just transpired. From what I see here, he really offers no new real insight. Much of what he says has been said by others in the media and in the auto industry...
Still, it's an interesting read from someone who's been there, and who has fought these same battles before.

Oh, he did find a way to promote his new book here too. Surprised?

Full story here. Related story here.

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2 Comments

gmguy111 says:

07:45 PM, 05/19/07

Yawn he was a great auto exce but all Iacooka is about now is running his mouth and promoting his new book

ateixeira says:

12:18 PM, 05/22/07

We're supposed to believe the guy that attempted a hostile take-over with Kerkorian?

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