What a difference a day makes! Just yesterday Bob Nardelli was ringing his hands ready to sell the family farm for fear that the bank would be looking to take his deed. (See the Ã¢â‚¬Å“WhoÃ¢â‚¬â„¢s going to save the SaviorÃ¢â‚¬Â post) Today, rose colored glasses were handed out at Chrysler as a statement came out late this afternoon saying all is well despite NardelliÃ¢â‚¬â„¢s grim recent assessments.
The only thing that might have been grim was the way Nardelli was probably spoken to off the record concerning his announced strategy of land for cash. The PR hacks had to burn the midnight oil to churn this spinning top out.
I guess the new strategy is to blame journalists for the companyÃ¢â‚¬â„¢s ills and lead us to believe that Bob Nardelli had a body double responding to a journalist questions. At a meeting earlier this month, chief executive Bob Nardelli told employees the company is headed for a substantial loss this year and is trying to sell assets to raise cash.