Mirko Mikelic Quotes (5 Quotes)

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.

My concern is, do they have the big picture right They're moving in the right direction. Obviously, they're in a perilous situation. They continue losing market share. Their costs are increasing. You can't sustain that.

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.

They've made the moves they thought they needed to, like moving 30 percent of the jobs down to Mexico. That may be good for the American consumer, but it's not good for the workers. It's not easy on the economy here.

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.