Guest guest Posted April 30, 2007 Report Share Posted April 30, 2007 Dear Firesitters, Some of you will appreciate this summary of Lee Iacocca's new book. I admire his courage to speak his mind. He is the guy who brought Chrysler from the verge of bankrupcy, back in the 80s, and borrowed $1.2 billion, with the loan guarantee of the US govt. Despite his gamble (and much criticism of the govt backing at the time including many neocons now in power) the loan was repaid ahead of time. As Iacocca said at the time: " We at Chrysler borrow money the old fashioned way...we pay it back. " But now he is fed up with those who parade as leaders of our democracy and is speaking out at age 83. We need more candor like this from our elders IMO: http://www.bordersstores.com/features/feature.jsp?file=wherehavealltheleadersgon\ e Greg _______________________________________________ Join Excite! - http://www.excite.com The most personalized portal on the Web! Quote Link to comment Share on other sites More sharing options...
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