Retired Auto Executive Iacocca Weighs In On Big 3 Bailout
LOS ANGELES - Former Detroit 3 auto executive Lee Iacocca took Congress to task in a letter issued Tuesday that said replacing the current CEOs at General Motors, Ford Motor Company and Chrysler would hurt, not help, the chances of avoiding bankruptcy for US-based automakers. Iacocca, is the former Chairman and CEO of Chrysler and