Sweet Peet weighs in on Kerkorian's overture to the union in his attempt to buy out Chrysler and ends up making a very salient point:
"Kerkorian is a hustler with a capital 'H' and that's about as far as his interest in the well-being of a reconstructed Chrysler Group goes. He and York are in it for the short-term play, and your first clue should have been the words, 'Long term, patient investing has been Tracinda's approach...'"
And at 89 years old, will Kerkorian live long enough to even see out a seven-year plan for the beleagured DCX unit's turnaround?
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A kinder, gentler, Captain Kirk? Don't bet on it. [Autoextremist]
Related:
Chrysler Group Sales Speculation: An Inconvenient Sale? [Internal]
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