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Lee Iacocca has been an automotive icon for so long, it's hard to remember a time when he wasn't in the picture. He was at the apex of the Ford Mustang project, saved Chrysler from ruin, and lead the charge for the minivan. Those credentials have helped Iacocca sell some books over the years, and his new book, "Where have all the leaders gone" takes some big cuts at the leadership in the White House, and a few auto executives, too.
We haven't gotten our hands on a copy of the new book yet, but after reading the book's opening lines as quoted by the Free Press, we'll have to give those pages a turn. "We've got a gang of clueless bozos steering our ship of state right over a cliff, we've got corporate gangsters stealing us blind, and we can't even clean up after a hurricane much less build a hybrid car." Ouch.

The book also points out some things that Iacocca has done that he now probably regrets. According to the Free Press, he criticizes former Chrysler CEO Bob Eaton for not fighting for a true merger, but he also points out that he chose Eaton to be his successor in 1992. Iacocca also touches on what he thinks would happen if Chrysler was sold, saying that the company would become "a shell" of its former self.

When you've done as many great things as Lee Iacocca, you get to say just about anything you want. From what we've seen already from his new book, Iacocca is freely exercising that right.

[Source: Detroit Free Press]


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  • 40 Comments
      • 8 Years Ago
      Thank you Jules.You saved me the typing.Iacocca's a egotistical schmuck.
      • 8 Years Ago
      Lee Iacocca was a hero of mine. I still remember reading 'Iacocca' when I was a young boy and it made a big impact on me.

      However . . . Lee Iacocca is more than a little hypocritical since he was so egotistical in his last years at the helm of Chrysler.

      I also think he hurt Chrysler more than he helped in in those last years--he was the one who chose Bob Eaton, passing over Bob Lutz because of a personal vendetta. While Iacocca has acknowledge that was a big mistake, I find it interesting that he has become such a critic.
      • 8 Years Ago
      Mike, maybe you should read what the man has to say instead of basing your conclusion on 3rd hand information. BTW, rhetoric and straw man arguments don't prove anything, they only make you look like a fool.

      Of course, I do agree with the "clueless bozos" statement, which also applies to the Clinton legacy of selling our country out from under us. So no, we can't "blame Bush" for everything.
      • 8 Years Ago
      I re-read Iaccoca's first autobiographical book from the 80's about a year ago, and I was surprised that a lot of the stuff he was talking about then is not much different than now.
      • 8 Years Ago
      the people i really dont understand are the ones who voted for bush in 04 and now dont support him. he is doing exactally what he said he would do.

      my number 1 reason to hate the bush administration is the lack of corporate oversite espically in regard to the oil companies. he sees everything from their point of view and the country suffers as a result.
      HotRodzNKustoms
      • 8 Years Ago
      I feel bad for the guy, giving so many years of his life, late nights, and stress to reviving the company and once he left, they blew it. I cannot begin to understand what that must feel like.
      • 7 Years Ago
      Pot shots at the sitting president are always easy. I have learned to resign myself to Bushes policies and still honor him as our country's leader wheather we agree or not, he is my president. Fighting him at every turn because of petty politics only screws us up more (especially during a war).
      Bush acts on principle on big issues and those presidents that have done so and succeeded have gone on to become the great leaders of history. As a historian, I have learned to vote for those leaders who stand on firm and consistant principles. Rant all you like, wish with all your might that he never got into office, if he fails in Iraq, life will go on. If he succeeds, mark my words. Call him a dolt if you like I think he is honorable.
      • 8 Years Ago
      31 .What did you think of Nagin's response to Katrina.evidently there's plenty of die hard Democrats that voted for him the second time around(after Katrina).So evidently they'd rather blame the federal government for their bundled local response.Just food for thought.
      • 8 Years Ago
      I voted for Bush twice and I think he is a complete and utter moron. Not sure what that makes me... :>(
      • 8 Years Ago
      Mike,
      I guess having a war in Irak, the Alberto Gonzales fiasco and on and on in your partisan world can be called absurd. Case closed let debate someone else.
      • 8 Years Ago
      After being a Chrysler dealer for the last 23 years, I went through the Iacocca era. True, he was a great leader and spokesman for the company but it seemed he was very bull headed. It didn't seem he was ready to take Chrysler to the next level in the early 90's and adjust the company's focus away from boxey designs and into more modern design themes. He wanted more Dynasty, New Yorker type cars. From what I heard it was a very hard thing to convince him to green light the first LH cars.

      Oddly enough it's this same attitude that is plaguing Chrysler now.
      • 8 Years Ago
      Why is Iaccoca's face jutting out of the grille of that LeBaron? Is that a limited-edition LeBaron that was greenlighted for the carney market or did Iaccoca accidentally merge himself with a LeBaron in a scientific experiment?
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