I am not sure what Mr. Buffet could do that the highly compensated executives have not already thought to do! For sure the board of directors is in complete agreement with Mr. Kramer's turnaround strategy, or they would not be paying him 10% of the annual earnings. He must be worth every penny.
Just be glad you don't work for Goodyear. So sad.
NEGATIVE!. MR B. likes cash cow companies with consistent earnings,no debt, and iconic brands. This oinker only has 1 of those qualities. If you read your annual report that you just got in the mail you will see that GT has a debt/equity ratio of 813.The debt to equity ratio from last year was 511. This company has actually slipped deeper in debt from 2011. MR. B. would probably only be a buyer here if GT filed for bankruptcy. He would pick this thing up for ten cents on the dollar then, and all the shareholders and bondholders would take the hit. HE'S GOOD LIKE THAT!......................IMO..........................