Back in 2009, GM North American President Mark Reuss boiled everything down into once sentence: “a lot of stuff happened.” Fast forward to 2012, and that “stuff” is far from a distant memory, and since it’s an election year, GM’s bankruptcy has been a political hot point. CEO Dan Akerson, a self-proclaimed supporter of the Republican party told the Detroit Free Press that he doesn’t care who gets credit for GM’s turnaround, and is grateful for the company’s unique second chance of survival.
“You know what? Our job is not to be politically oriented. Our job is to make the best of our second chance and we’re trying as hard as we can,” Akerson said. “All we do is do our jobs and let them debate the points. I think the facts are the facts, and it was a success. And success has many fathers and failures have none.”
While those words ring true, Akerson also sent kudos former President George W. Bush’s way (something not everyone would do, to be sure) for his remarks stating that if he had to do it (bailout) all over again, he’d do it all over again. Hopefully that doesn’t have to happen.
Comments
I agree Boeing and Lockheed Martin don’t get this negative feedback to their government subsidies via foreign aid to third world countries that is used to buy their products.
Who cares? The company is making money hand over fist… People are being employed. Economy is picking up. Things are looking up. Would these things be happening if and or when GM would have been allowed to fail? Would people have access to better cars and trucks as a result of a powerful player like GM? As far as I’m concerned, everyone benefits.