Pete Hastings Quotes

What it means for the bid, in order for GM to accomplish its goals, is that KKR needs to find another bank. - Pete Hastings

This is long-awaited good news for bond investors. The next question is whether the new unit will have an investment-grade rating. - Pete Hastings

Separation from GM is critical, if they're able to secure an investment-grade rating, that's great news for bond investors. - Pete Hastings

Most of their operating profit comes from the U.S.. Everyone's been hurt by rising oil and gas, especially smaller and mid-sized pickups. - Pete Hastings

If you take out the fleet aberration, the sales were closer to what everyone expected. - Pete Hastings

I'd like to see guidance on 2006 that ties all this together. I'm still somewhat skeptical of the degree of cost savings. - Pete Hastings

GM's numbers are surprisingly bad. - Pete Hastings

GMAC bondholders would be delighted to see a transaction of some sort take place and ecstatic if it were investment grade. - Pete Hastings

Better to have York as an informed insider helping with the turnaround effort than to have him pressuring from the outside, despite the amicable relationship. He's solid, experienced and may provide some spark to the process. - Pete Hastings

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