John Novak Quotes

The deal still leaves a lot of questions, and is less than what people were looking for. We would have liked to have seen a comprehensive deal at Delphi. The fact is, there is still the overhang of a potential strike out there.

- John Novak

Tags

Deal | Leaves | Questions | People | Comprehensive |

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It appears they made some progress on their restructuring efforts. It's far too early to call the efforts a success, but they do seem to have some positive momentum. - John Novak

It looks like they are making progress on their restructuring plan. It is far too early to call this a success, but they are moving in the right direction. - John Novak

A strike would be a cataclysmic event. If there was a widespread strike, this is a worst-case scenario, GM probably has 10 or maybe 15 weeks of cash. - John Novak