Re: Why no Packard in a "Packard"?
Posted by Jack Vines On 2012/4/10 7:21:42
Quote:
Even if there had been no feasible way to go forward with Packard, I still believe that there could've been a Packard "swan song"
Sitting in on a board of directors meeting of any corporation would disabuse one of such a notion. It's about ROI to the stockholders. In a sinking ship such as S-P, deciding what song the orchestra was to play as the ship slid under the waves was not on their agenda. They were just making sure the rich guys got in the lifeboats.
As a GM Chairman Thomas Murphy once said.
"General Motors is not in the business of making cars. It is in the business of making money." jack vines
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