Word: alanes
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When CEO's Bob Nardelli (Chrysler), Alan Mullaly (Ford), and Rick Wagoner (GM) appeared before Congress late last month in search of a bailout, they were basically told, "Get the hell out of here until you have detailed plans to get your industry in order." Well, here they are: Three business plans, numbering between 14 and 37 pages, providing a detailed outline of how each executive plans to turn his company around - and what the Federal government can do to help...
...point of achieving the big corner office, knifing all those people on your way to the top, if you don't have the ultimate travel ticket? You might as well stop at divisional vice president. That should be no less true for the Detroit Three. Ford boss Alan Mulally left an aircraft company, Boeing, to take the top job at the auto company - the man is used to big jets...
...need federal cash in 2009, said it needed a $9 billion line of credit on which it could draw if necessary. "For Ford, government loans would serve as a critical backstop or safeguard against worsening conditions, as we drive transformational change in our company," said Ford President and CEO Alan Mulally. (See the 50 worst cars of all time...
...Automakers also took steps to avoid the kind of public relations disaster that dogged their first aid-seeking trip to Washington D.C. last month Ford chief executive Alan Mulally and Chrysler Chairman Robert Nardelli said they would drive to Washington D.C. Mulally, in a carefully worded statement, also said he would reduce his $21 million salary to $1 if the company tapped the federal line of credit...
...ALAN COLMES, left, to depart Fox News's Hannity & Colmes...