• rocket88 Posted: 3/17/2009 7:43pm PDT

    "What he is really saying...."

    •"We're not going to put [automakers] on some kind of indefinite intravenous drip feed of money like we are doing with AIG and the financial institutions that created this economic downturn."
    "We don't have to necessarily look at the government's money the way when I was a private equity guy I would have looked at private equity money.... It doesn't necessarily have to be an investment that Warren Buffet would make, but it has to be a prudent use of taxpayer money so we can give more to AIG and financial institutions."

  • Richard Posted: 3/17/2009 5:46pm PDT

    "I may be showing my hand..."

    ...but given the unilateral mindset popular with the previous administration, it's at least refreshing to see a guy admit that (a) he doesn't have all the answers, and (b) he's willing to listen to a lot of people to get those answers. That's what I got from it anyway.

  • R2dad Posted: 3/17/2009 3:10pm PDT


    Sounded like blah blah blah from a guy who doesn't know a differential from a derivative, a supply chain from a gold chain.