Government Chooses New GM Head

The NY Times reports on Ed Whitacre as the new head of GM as the Chairman. This is the same man who told listeners that the telephone lines were "his" and that the Internet traffic would in effect have to obey "his rules" and "pay him". A rather humble as well as astute response.

Whitacre has a career of running a monopoly, SBC and then AT&T. He is a strong willed old line Bell Head. Competition was never his forte. Thus having taken over as the head of a failing industry in a now highly competitive environment and dealing with politicians every minute of the day may be a challenge to say the least. Perhaps he was the only one on the corner when the bus went by.