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Iacocca endorses Marchionne, offers retiree volunteers

06/12/2009, 9:52 AM

By Andrew Ganz

Former Chrysler Chairman Lee Iacocca knows a thing or two about resurrecting the pentastar brand from tough times, so it comes as little surprise that the now-retired executive has offered his help to new Fiat CEO Sergio Marchionne. To top things off, he has offered Chrysler’s 19,000 retirees to assist as advisers in “any capacity that you might require.”

By writing a welcome letter to Marchionne and taking out a full-page ad in Detroit’s newspapers, Iaccoca has attempted to welcome the Italians to Detroit.

“As a first step, we would be willing to meet with the Chrysler human resources team to determine where help is needed and to identify historically top-producing volunteers to assist you,” the ad said. “Just put us to work.”

Yet not all is quite as rosy as it seems with Iacocca and the retirees he represents. The letter contained a very thinly-veiled dig to the fact that many of Chrysler’s retirement plans, including Iacocca’s, languish in bankruptcy with “bad Chrysler.”

“There are still some exceptions that we hope will be reevaluated,” Iacocca’s letter said.

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06/12, 9:54 AM

posted by:

The Stig

He’s sitting next to Snoop Dog. No wonder the smile on his face.

06/12, 10:10 AM

posted by:

Borat

“By writing a welcome letter to Marchionne and taking out a full-page ad in Detroit’s newspapers, Iaccoca has attempted to welcome the Italians to Detroit.” – or yeah, Lee Iaccoca is Irish.

06/12, 10:11 AM

posted by:

bigs4610

pulling a swift one to get his retirement plan out of the $hitcan!

06/12, 10:19 AM

posted by:

AFSOCSARGE

Go Lee !

He did it before and will do it again.

Full Repayment,with Interest, Ahead Of Time !

The Pentastar Is Back Baby !

-Sarge

06/12, 10:27 AM

posted by:

johnnycanuck

Marchionne should accept his offer. And well said AFSOSARGE.

06/12, 10:36 AM

posted by:

MikLawry

Excellent, this is great news for all Chrysler fans!!! We know he will not live forever, but hey we can utilize him while he is here. Go Mr. Iacocoa!

06/12, 11:06 AM

posted by:

SNOT

NO IT SNOT…This is 2009 Lee is so old school, stay retired.

06/12, 12:05 PM

posted by:

JakeK66

There is no fan bigger than I of Lee Iacocca, that being said – with his slandering book on his iews of GWB and support of John Kerry, I’ve lost some respect for him as of late.

He’s still my boy – but maybe he should stay away from certain things…

06/12, 12:57 PM

posted by:

AFSOCSARGE

GWB

Wasn’t he in Charge when the Country was Collapsing ? How the Hell does a President Have his Party in Control of Congress and then Place the Country in Economic Ruin?

GWB was Framed Totally Correct by Lee he was a loser President Period !

Please Read:

Historians Rank George W. Bush Among Worst Presidents

President George W. Bush is near the bottom of the heap in the latest survey of historians on presidential leadership.

Bush received an overall ranking of 36 out of 42 former presidents—in the bottom 10.

http://www.usnews.com/articles/news/history/2009/02/17/historians-rank-george-w-bush-among-worst-presidents.html

That is from US News and World Report not some slanted Liberal Rag !

-Sarge

06/12, 1:33 PM

posted by:

Scarface03

I’m a fan of Iacocca, but this does seem more like an overt bid to keep pension funds safe: put 19,000 retirees to work in exchange for not taking away pensions. The new Chrysler would be better served if the retirees stayed home and “volunteered” to make concessions on their pension benefits.

Nevertheless, Fiat would be wise to use Iacocca, although Fiat is no stranger to pulling one’s ass out of the fire.

06/12, 1:56 PM

posted by:

JakeK66

Sarge take a STFU pill and call the Doctor in the morning.

How can historians freaking know sh!t about Bush when he just left 6 months ago? You can’t even start figuring out a man’s legacy until YEARS after he’s been out of office – so right there I know you don’t know what you are talking about. Stuff that happened in his last year were enivitable and NO ONE on either side had said ANYTHING about trying to do something about it, in fact, the mortgages that dragged many institutions and AIG down were forced on them by the some of the same people in charge now – Barney Frank and Chris Dodd. You, and Iacocca (who I mentioned I liked) is off base on this.

06/12, 3:39 PM

posted by:

AFSOCSARGE

Here Jake

Scarborough: Bush Failed Us, We Can Come Back in 2012

Former U.S. Congressman Joe Scarborough, host of MSNBC’s “Morning Joe,” tells Newsmax that the “reckless” Republican Party betrayed core conservative values over the past eight years and will need to reform or die.

http://www.newsmax.com/headlines/joe_scarborough_gop_hope/2009/06/09/223341.html?utm_medium=RSS

GWB is a Loser President He had VETO Power the DEMS did not have a Veto Proof Majority !

They could not have sent him a thing that he did not want to pass as a Law, he had the power to throw it right back at them !

It’s about a Presidents record that is how you tell what was the state of the Country when he left is how he is seen in History.

-Sarge

06/12, 5:35 PM

posted by:

NRG

What does Snoop Dog have to do with the article? Iacocca did a great job turning Chrysler around. I’m sure he could offer some expertise. Two Italians running Chrysler. Maybe they could share some pasta together.

06/12, 5:41 PM

posted by:

AFSOCSARGE

Snoop Dogg and Lee did a Chrysler 300 Commericial together

-Sarge

06/12, 5:50 PM

posted by:

JakeK66

Scarborough is on MSNBC – he’s like when Colmes was on Fox News, a PUPPET.

Oh, and the Dem controlled Congress from 2006-2008 had NO blame, that’s REAL accountabilty. Bush’s not the only one to blame, I hate to break the news to you.

06/12, 6:26 PM

posted by:

AFSOCSARGE

Jake I Guess l The DEMS Did not have VETO Proof legaslative Power Bush had full Power of the VETO !

-Sarge

06/12, 6:56 PM

posted by:

AFSOCSARGE

Hi Jake

“Bush’s not the only one to blame”

Oh Yes he is to Blame !

More Proof He is A Loser !

“The country doesn’t believe George W. Bush, it doesn’t trust him, and with 19 months to go it’s only going to get worse,” predicts Ed Rollins, a Republican strategist who ran Ronald Reagan’s 1984 presidential campaign. “There is nothing the president can do to get his (poll) numbers back up.”

Republicans Shaken by Bush Presidency: Albert R. Hunt (Update1)
May 14 (Bloomberg) — There’s a number that chills Republicans: 616. That’s how many days remain in the Bush administration.

Private conversations with Republicans throughout America reveal doom and gloom about a politically paralyzed presidency and party. The on-the-record observations are almost as bleak.

“There’s a lot of nervousness up here,” says U.S. Representative Ray LaHood of Illinois. “It’s a very difficult time for Republicans.” LaHood was one of 11 House Republicans who met with President George W. Bush this past week to tell him the party was in political peril.

“Unfortunately, the big issues will not be dealt with between now and the next election,” says Governor Mark Sanford of South Carolina.

“The country doesn’t believe George W. Bush, it doesn’t trust him, and with 19 months to go it’s only going to get worse,” predicts Ed Rollins, a Republican strategist who ran Ronald Reagan’s 1984 presidential campaign. “There is nothing the president can do to get his (poll) numbers back up.”

According to those polls, almost two-thirds of Americans disapprove of Bush’s job performance; that is Richard Nixon territory. A majority of the public approved of the performance of the last two lame-duck presidents, Reagan and Bill Clinton, at this same stage in their administrations.

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aQmm_Syi7itQ

Bush had 100% VETO Power I Repeat 100% VETO Power !

Not 1 Bill could come to be a Law unless he approved He had complete VETO Power over Congress

He is to Blame for putting the Country in Ruins !

“I no longer am going to have to carry the water for people who I don’t think deserve having their water carried”

-Rush Limbaugh

Rush Is Right !

-Sarge

06/12, 7:10 PM

posted by:

AFSOCSARGE

Hey Jake !
A year ago, William F. Buckley Jr., the father of contemporary American conservatism, lamented that even if Bush had “invented the Bill of Rights, it wouldn’t get him out of his (Iraq) jam.”

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aQmm_Syi7itQ

LOL Ha Ha Ha Ha

Bush is A Loser

-Sarge

06/12, 8:52 PM

posted by:

Dr.Kensington

Heh… Snoopy Dog Dog…

06/13, 9:56 AM

posted by:

HavanaRob

AFSOCSARGE – You’re foaming at the mouth about W’s veto power as if it were unique. Bush had the same veto power as every sitting president. The question is, what did he do with it? Surprisingly little – in fact, he used that power less than any president in US HISTORY.

“As of December 2008, President George W. Bush had vetoed only 12 bills since taking office in January 2001. Only one Presidential veto occurred before Democrats took control of Congress in January 2007. This is the fewest Presidential vetoes of any modern President; in March 2006 Bush set a 200-year veto record. Source: US Senate.”.

06/13, 11:59 AM

posted by:

AFSOCSARGE

Yes I am Foaming at the Mouth GWB was in charge period,when all the Deregulation Bills came across his desk he signed them into Law, He only VETOED A Stem Cell Research Bill while his Party had control over both Houses !

You are 100% Correct I believe we agree

-Sarge

 
 
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