Burning the Furniture; Steve Miller.(Interview)

Newsweek International, October, 2005 by Naughton, Keith

Byline: Keith Naughton

Steve Miller, CEO of newly bankrupt U.S. car-parts maker Delphi Corp., has always known how to cut the tension in difficult situations. Last month, with Delphi in feverish (and ultimately fruitless) negotiations for a bailout from General Motors, Miller found himself sitting beside GM CEO Rick Wagoner at an executive confab in Washington. Miller's BlackBerry buzzed. It was a flaming e-mail from an employee. "You are a rapist and a pillager and a thief of the working man's rights," it read, "and may you rot in hell." Miller showed it to Wagoner, saying: "Hey Rick, this one's for you."

His gallows humor aside, what Miller has to say is no laughing matter. The corporate fireman behind bankruptcies at Bethlehem Steel and United...

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