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Gary Lapidus Quotes
«Frankly, it looks like financial services earnings would have to be negative unless losses in the automobile business are just staggering.»
«We believe a contract with steep labor concessions is the sign of a troubled core industry, not 'good news' for investors.»
«A price war is breaking out in the U.S. auto industry.»
«I think the UAW would like to go to the convention next week with the strike out there. They will view it as being in their best interest to have the strike still going on.»
«Plant closings [and increased] labor productivity won't address the root cause of profitless prosperity. The root cause is increasing excess supply, which is causing price deflation.»
«Her 11-year old son came home from school first and found her. He called 911.»