We've always said we have a number of strategic alternatives that we're looking at...We continue to do that.
More Quotes from Toni Simonetti:
It's not that we've given up on the 5 percent margin goal but it's certainly not likely to be attained by 2003, ... The change in this program makes it much more relevant for our situation today.Toni Simonetti
The annual meeting used to last eight hours. I think we've come up with a pretty elegant solution. Now we can get to the grass-roots shareholders without a lot of contrived filibustering.
Toni Simonetti
To the extent we can prepare for that (a strike), we are preparing a contingency plan.
Toni Simonetti
We are exploring how we would attain a separate rating for GMAC. We would probably look at and evaluate any and all options that would lead to that, ... Whether we would pursue those options, I don't know, but certainly we want to know what those options are.
Toni Simonetti
There was some interest expressed on the part of multiple parties to invest in our commercial-mortgage business. We're in discussions with those parties, ... We are amenable to equity partners, but GMAC's intention is to maintain a significant equity interest in this business.
Toni Simonetti
We'll conduct a thorough review, and consider it or any serious alternative proposal in due course,
Toni Simonetti
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