“Look at the GM 10-Q. The company had $3.3 billion in sales, general, and administrative expenses. That is all of those white collar workers, the R&D and product development staffs, the marketing men and dealer relations people, and the accountants in the basement of the headquarters in downtown Detroit. Ford's number is nearly as large and Chrysler's must be $2 billion. Robert Nardelli makes a lot of money.” source...
Loading...