The bonds had a little bit of a run-up over the week, which I thought was probably a little overdone. They're still facing the same problems. In the short term they need to sell a controlling stake in GMAC, get the cash of $10 billion or more, and then resolve the Delphi situation. -Mirko Mikelic

 

The bonds had a little bit of a run-up over the week, which I thought was probably a little overdone. They're still facing the same problems. In the short term they need to sell a controlling stake in GMAC, get the cash of $10 billion or more, and then resolve the Delphi situation.


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This quote is just one of 9 total Mirko Mikelic quotes in our collection. Mirko Mikelic is known for saying 'The bonds had a little bit of a run-up over the week, which I thought was probably a little overdone. They're still facing the same problems. In the short term they need to sell a controlling stake in GMAC, get the cash of $10 billion or more, and then resolve the Delphi situation.' as well as some of the following quotes.

Investors are not convinced (the deal) will necessarily go through, or at least as two firms as we know them today with the full (product) line-up.

Mirko Mikelic

I'm stunned. I thought they would need to do at least something to appease the Justice Department.

Mirko Mikelic

The bonds had a little bit of a run-up over the week, which I thought was probably a little overdone. They're still facing the same problems. In the short term they need to sell a controlling stake in GMAC, get the cash of $10 billion or more, and then resolve the Delphi situation.

Mirko Mikelic

With the costs Maytag has, they've just become less and less competitive. This industry is so competitive and having appliances coming from China at a fraction of costs at Maytag and Whirlpool only adds to that.

Mirko Mikelic

Maytag produces 99 percent in the U.S., and they are just not price competitive.

Mirko Mikelic