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GM CEO stepping down

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Old Mar 29, 2009 | 06:56 PM
  #11  
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Originally Posted by Riz2k,Mar 29 2009, 03:27 PM
To be honest, I think its looong overdue.
I agree.

We all can go back and forth but the fact is we would sh*t our pants if we had to solve these problems.
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Old Mar 29, 2009 | 07:14 PM
  #12  
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sounds like story about venezuela and chavez
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Old Mar 29, 2009 | 07:28 PM
  #13  
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Govt: We're going to give you billions of dollars, just have your company leader step down immediately.

GM: Okay.

When CEOs step down immediately, its not usually a good thing for the business. Not saying Wagoner is a great leader, but companies generally need smoother transitions.
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Old Mar 29, 2009 | 07:40 PM
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Originally Posted by Saki GT,Mar 29 2009, 07:28 PM
Govt: We're going to give you billions of dollars, just have your company leader step down immediately.

GM: Okay.
Govt: Now we're going to run your company (since we gave you money we dont have), and do things how we, and "the people", want it to be.

GM: Okay


i see where this is going.
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Old Mar 29, 2009 | 08:34 PM
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[QUOTE=txjeepn,Mar 29 2009, 08:20 PM] Well when it
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Old Mar 29, 2009 | 11:35 PM
  #16  
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Originally Posted by s2kftw,Mar 29 2009, 07:40 PM
Govt: Now we're going to run your company (since we gave you money we dont have), and do things how we, and "the people", want it to be.

GM: Okay


i see where this is going.
Then don't ask the gov't for money. It's essentially our money.
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Old Mar 30, 2009 | 01:16 AM
  #17  
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Wait... Wagner got the boot for asking for 10-20 billion? The union got the shaft and restructured their deals.

WHILE.... The banks and AIG got 100s of billion dollars and spending it like no tomorrow. Gave bonus money to management for doing a failing job. And their CEOs don't get the boot?

Obama and his staff just don't understand 20Billion <<<<< 300+ Billion. Guess they all failed in math in college.
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Old Mar 30, 2009 | 05:16 AM
  #18  
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OT comments removed.
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Old Mar 30, 2009 | 05:16 AM
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Obama understands the numbers....
Contributions from UAW & Detroit <<<<< Contributions from banks and the companies getting the big bucks.
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Old Mar 30, 2009 | 06:41 AM
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OT - politics comments removed.
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