164 Quotes by David Cole


  • Author David Cole
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    This is a big, sweeping deal. It really is a basic framework for a huge restructuring.

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  • Author David Cole
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    There was the oil issue, a lot of different things going on with policy, safety, regulatory influence, but it was still a very profitable period for G.M.. If Hollywood were picking someone to play that role, Tom Murphy would have been it.

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  • Author David Cole
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    We're in a time where the clock is moving much more quickly on GM. I think they're fortunate to have Jerry because this thing is going to be played out in the next six months, not the next five years.

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  • Author David Cole
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    There's a history of people commuting for good jobs in Maine, ... We're a mobile state because of our rural nature. To make it work as a car pooler, you need to be able to link up with people in similar situations. And the higher the price of energy, the more incentive there is to car pool. An organization like Go Maine helps find that needle in the haystack.

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  • Author David Cole
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    What they're really looking at is the long-term implications of this. In the past, there was a decidedly short-term mentality, and basically what (GM) would say is we'll settle so we can meet our quarterly profit projections. That's different today. The financial community is concerned about the short-term return?but what they're focused on is the long-term profitability.

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  • Author David Cole
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    They're not making anywhere near the money they need to be making. The only reason we're not talking more about them is because they don't have as serious a problem as GM or Ford.

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  • Author David Cole
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    What they're really doing is taking their divisions and shrinking their number in a de facto way.

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  • Author David Cole
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    We're just in experimental phase right now. As long as we're in that type of phase, it's a crazy time. You know we'll get there (profitability) and get there fast. But the ideas that are not out there yet, and the companies that will be behind them, might be the real winners.

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