Harry Wilson On The GM-FCA Merger

Harry Wilson, the Obama task force key grip from 2009 and recent "activist" at GM, made some comments on FCA's push to merge with GM. Wilson notes, 

"I have no disrespect for Sergio Marchionne (CEO of FCA). He’s a really smart guy...It’s true that there’s a lot of misspent capital in the auto industry, but that is only part of the equation. The complexities of an auto merger are massive; historically, they have not had very good results.”