Monday, December 08, 2008

Worst of All Possibilities: A LAWYER "Car-Czar"

Oh, yah.

Congressional officials say the lawyer who oversaw the 9/11 victims' compensation fund has emerged as a candidate to be the "car czar" in charge of a bailout for Detroit's Big Three automakers.

Kenneth Feinberg, the special master of the federal Sept. 11 fund, is a contender to run a roughly $15 billion auto rescue and work with the Big Three to restructure their beleaguered companies


You saw what a CPA can do when Chrysler ran aground prior to Iacocca.

Now you'll see real "creative destruction."

HT: Ace/Drew

4 comments:

Jeff Miller said...

Plus he will be a autocrat.

Al said...

"Auto"crat

ARGHHHHHHHHHHHHHHHHHHH!!!!!!!!!!!!!!!!!

Well, it could be worse, they could have made Ralph Nadar the auto Czar!

Shoebox said...

Hey,hey, hey...let's go easy on the CPAS! :)

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