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TARP is funded by taxpayers, so there are many rules about how that money can and can't be used. The result: GM spends an awful lot of time checking in with the people who administer TARP over everything from hiring to executive compensation and management. For a global company, that adds up to a lot of distraction.
— Edward Whitacre, Jr.
Tags: result, people, time, money

Other Quotes by "Edward Whitacre, Jr."

So long as TARP money is wrapped up in GM, the company will never shake its 'Government Motors' image. That label, as competitors and GM employees are keenly aware, is code for one thing: 'GM is a failure.'
— Edward Whitacre, Jr.
Tags: government, long, money, failure
I am honored to be able to serve GM at this critical juncture and take part in its reinvention.
— Edward Whitacre, Jr.
Tags: serve, honored, take, i-am
If someone wants to transmit a high-quality service with no interruptions and 'guaranteed this, guaranteed that,' they should be willing to pay for that.
— Edward Whitacre, Jr.
Tags: should, pay, someone, service
AT&T will not block access to the public Internet or degrade service, period.
— Edward Whitacre, Jr.
Tags: period, will, internet, service
I'm a pretty average guy and want to keep a low profile. I don't want the world necessarily to know about me.
— Edward Whitacre, Jr.
Tags: want, know, world, me
View More by "Edward Whitacre, Jr."
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