Edward Harrison

Third Quarter Auto Production Expected to Boost U.S. GDP

Well said. Pulling demand forward is always going to work wonders short-term. But, is it sustainable? I am sceptical.


On Jun 30 05:43 PM Michael J. Golde wrote:

I'm concerned that once the current crop of buyers is gone, the "easy" sales are over and Detroit will actually be in a worse position as it will either have to cut back production or maintain it will a never-ending stream of incentives. This a true recovery is not made of.

CDS Contracts and the Implosion of Eastern European Economies

Jasper M,

Bulgaria was downgraded already. BBH was talking about the probable downgrade of the Baltics (Estonia, Lithuania and Latvia) as well. That is where the Baltic reference comes from. You scared me, though!

Obama's GM Plans: Good Moves, Poor Vision

John,

I actually agree with you that this is a ceremonial firing. Fritz Henderson and the rest of the gang are all lifers and should be able to handle things. Over the medium term Henderson and company can take things on from here.

Irrespective, the dismissal of a CEO sets up power struggles and jockeying for position. Add in the change on the board and no clear lines of authority are going to be in place during this crucial period. I think that is a mistake.

Edward