Indeed, Nardelli may not be preparing the company for the next 100 years. Rather, he may be poised to turn it around in the next couple of years.
Could there be a long-term fix though? Is there a final objective Nardelli and others are contemplating?
A colleague of mine at TopRight just commented on this at http://cornerthemarket.net/?p=45.

...There may indeed be another route this car is heading.

If Nardelli rescues Chrysler and allows tens of thousands to keep their jobs, then he earned whatever pay that he gets. If someone else could do it for less, they'd of hired that guy. I hate these liberal ideas that somehow his pay was outsized at Home Depot. Yes he made a ton of money, yet he also doubled sales. He may have left with some problems at Home Depot, but he was forced out before his job was done. He may have pissed some people off, but tough, he's the boss and unless there is someone else that can do the job that he does, better than or as well as. Then pat him on the back for a job well done and let him make whatever money he can make. This is a capitalistic society. I say, good on him. Have you made $200,000,000 lately? Then stop whining when someone else does.