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A request to see Lee Iaccoca address the issues

12/27/2008 1:21 PM

You are all familiar, I am sure, with the many dialogues on the Pros and Cons of bailing out Detroit.

I've lost track of the number of times that people have pointed to the successful bailout of Chrysler and to Lee Iaccoca's effective management of that success.

Yet, with all the acknowledgement of his skill both as an administrator and engineer, I've yet to see him address these issues in any public forum.

I suspect that the politicians who chair those Congressional hearings are afraid of his forthright conversations. I'm confident that, given the opportunity, he'd take deadly aim and not be at all restrained in placing blame and identifying who is responsible for Detroit's problems. To get to his proposals for solving the problems would mean his identifying their origins and, frankly, I don't think some would be comfortable doing that.

I for one would enjoy him being named as the much talked about "Automotive Czar" to oversee the effective use of whatever doles the Industry gets. However, the qualities that made him effective are inconsistent with the behavior of the power brokers in Washington and their need to hold on to any leash. So, I am not holding my breath.

Still, there are ways for his views to be aired.

I am initiating this string in the hope that those of you who feel as I do will write to Charley Rose and ask that he give Lee Iaccoca a chance to do so on the PBS program.

If you feel so inclined, please write a brief note to Mr. Rose at:

Charlie Rose <charlierose@pbs.org>

Thanks

L.J.

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#1

Re: A request to see Lee Iaccoca address the issues

12/27/2008 6:11 PM

charlierose@pbs.org Cc: Find: Mr. Rose, I would like to see Lee Iacocca on your program. Any chance of this becoming a reality. Thanks, Charles R Rummel III

Message has been sent.

I really appreciate the point you have made. If MR. Rose is not interested perhaps Mr. Moyers would allow the coverage to take place on his program.

cr3

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#2
In reply to #1

Re: A request to see Lee Iaccoca address the issues

12/27/2008 6:32 PM

Thanks Charley!

I think your idea of Bill Moyers is a good one. I was a very big fan of his.

Moyers has become very vindictive of late and taken wild shots at everyone from Ayn Rand to the evils of Capitalism. Being a celebrated member of the world of industry and appearing as such on Moyers current program is likely to be risky.

I'll wait to see what Mr. Rose does. Then we can go to Mr. Moyers and Plan B.

Thanks

L.J.

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#3

Re: A request to see Lee Iaccoca address the issues

12/28/2008 8:20 AM

My understanding is that Chrysler Corp, as rebuilt by Mr. Iacocca no longer exists, and that what we call Chrysler Corp. these days is but a shadow of the remnants of a once very innovative company. How can this be considered a "success"? Does this also mean that the British Government's bailout of British Leyland was also a success?

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#4
In reply to #3

Re: A request to see Lee Iaccoca address the issues

12/29/2008 1:00 AM

Perhaps I did not make myself clear.

According to the industry pundits, Iacocca pulled Chrysler away from the path of certain failure, restructured virtually every operation and left the company in a profitable and competitive condition. What he did to accomplish that is what I think is of interest to many especially those with responsibility for managing the current bailout.

What others did to compromise his results, after he left, is of no interest to me. Nor am I preoccupied with what the Brits did with BL. That might make for some interesting reading but it contributes nothing to our knowledge of what works.

An interview of Iaccoca might.

L.J.

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#5

Re: A request to see Lee Iaccoca address the issues

01/07/2009 11:37 AM

I too would like to see what Mr. Iaccoca has to say about the current mess in Detroit, however, I continually read about the 80's "Chrysler bailout". It was not a bailout, it was a loan, which was repaid early. I imagine it would have become a defaulted loan had he not succeeded.

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