Belmont Club

By Richard Fernandez

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Ship of fools

November 17, 2008 - 1:23 pm - by Richard Fernandez
ledger
2008-11-18 06:47:29

[5]

“Smith had been slow to grasp that Perot’s criticisms of the past few months were directly challenging his authority. The article from Ward’s Auto World was tacked to many G.M. office and plant bulletin boards, and G.M. executives, not to mention the board of directors, were puzzled by his passivity. Smith inadvertently had sent a signal to the troops that he was weak and, indeed, might be vulnerable. Now he moved to get rid of Perot quickly.”

See: First page nyt

http://query.nytimes.com/gst/fullpage.html?res=950DE2DE1F31F935A15750C0A96F948260&sec=&spon=&pagewanted=6

cont.