Re: Packard Built Studebakers

Posted by Randy Berger On 2010/2/1 23:04:41

I don't believe Romney is unfairly blamed. He may have made that decision because he had inside info from some Packard people that the Stude merger was now a dead weight around Packard's neck and he decided to go it alone. I can't blame him for that. His job as chief exec was to do what was best for his company based on the info he had. No one knows exactly what that was - least of all the history writers who tried to figure out what went wrong. I doubt that anyone has ALL the facts.