Jerry Flint
From Wikipedia, the free encyclopedia
Jerry Flint is a senior automotive editor for Forbes Magazine. Flint also writes articles for the The Car Connection. Born and educated in Detroit, he has been covering the automotive industry since 1958. He worked for the Wall Street Journal from 1958 to 1967 and for the New York Times from 1967 to 1979. In 1979, Flint moved to Forbes where he remains today.
Flint has won Loeb Award in 2003 and is according to the Business News Reporter, one of the one-hundred most prominent business reporters of the 20th century.
Flint served briefly in the Army as an intelligence officer and is currently the President of the International Motor Press Association.
[edit] Legacy Costs Insights
He was one of the earliest automotive writers to discuss the looming legacy cost crisis for GM and Ford. In this article, Flint proposed the controversial measure of taxing all U.S. auto sales in order to fund legacy healthcare and pension costs for GM, Ford and Chrysler workers. He premised this proposal on the idea that, in bankruptcy, the United States public would have to pay these costs anyway due to the American government's pension guaranty program. Recently, concerns about these legacy costs led to increased bankruptcy fears for both GM and Ford which has helped fuel a dramatic drop in price for the stocks of both companies.
