Corporate raider and GM shareholder Kirk Kerkorian's closest associate and taker of no shit, Jerry York, unfurled GM's flag of shame for all to see during a lunchtime keynote at GM's own Renaissance Center. Not one to open with a joke, York bid GM to get real with its dire financial situation by cutting dividends and executives' salaries, and acknowledged GM's cash position is about 1,000 days from squat. Way to bring down the room, Jerry!
Jerry York Drops Haymaker on GM [DetroitWonk]