ron blome in. slightly more video of ron blome. and he is a union guy.es, union guy to help car makers? >> come on. let's be honest. absolutely not. but what is interesting, the management there i don't think is going to help a lot because when the management starts coming out saying we will rebuild the company and this is a new company and make fuel ever cars, it is not going to work. it doesn't follow what americans want right now. essentially what we are seeing is the companies will be run in a nonprofit sort of way and as long as they have of cover of the government and unlimited access to taxpayer dollar but when it comes to competing i don't see how they can be truly independently publicly run corporations with so heavily stacked to unions. >> i will choose to be optimistic. first of all, ron blome is not a union guy. he is a career investment banker. as far as my optimism, the key fact that we need to remember is g.m. and chrysler took billions of dollars off their balance sheets. that will help them be more competitive. they have professional man

shares of csx are higher, came in above expectations and ron blome will replace steven radner. "fast money" with melissa lee starts now. >>> from the nasdaq market site in new york city's time square, this is "fast money," i'm melissa lee, these are the "fast money" traders. lots of action during and after the bell. dell, in fact, down 3% after saying customers are deferring sales. we'll get to that in a moment. but first, stocks jumping the most in six weeks today after meredith whitney turns bullish. let's get to the word on the street right now. s&p 500 closing higher by 2.5% above the 900 level. good leadership from tech as well as the financials. welcome back. >> welcome back, it's good to be back. we've been looking and struggling for a long time now looking for somebody to lead us. we've been talking it wasn't going to be energy. energy led us for a while, now we've got a leader potentially coming back. it starts off tomorrow, starts today a little bit with goldman sachs, the financials, then you started to get, tech started working. that's what hit us back in march, sta