Lutz Fires Back at York, Takes Out Own Foot

In response to Kerkorian crony Jerry York's recent salvo at GM execs, Lutz had a few choice words about executive salaries at the Ren Center:

The capability of successfully trying to turn around an unsuccessful automobile company is a very rare and highly sought after skill set. And you do the shareholder no good whatsoever by reducing compensation to the point where everybody leaves."

Uh, Bob? Did you hear what just came out of your mouth? Or were you too busy trying to fit your foot in there to listen to yourself?

York v Lutz: Mo Hits in Motor City [DetroitWonk]

Related:
Kerkorian s Right-Hand Man Gives GM the Back of His Own [Internal]

GM Death Watch 50: 399 Days and Counting [The Truth About Cars]