Wagoner resigns

[Wreckem]

Originally posted by: LTC8K6
Obama hates deficits. Said so all through his campaign. He's going to get rid of it, don't worry. Cut it in half for sure.

Cut it in half after he more than doubles it.

 

[LTC8K6]

http://www.powerlineblog.com/a...ves/2009/03/023204.php

 

[waggy]

soo...how was the stock after Fireing teh CEO?

 

[WaTaGuMp]

Originally posted by: waggy
soo...how was the stock after Fireing teh CEO?

Down a bit

 

[waggy]

Originally posted by: WaTaGuMp

Originally posted by: waggy
soo...how was the stock after Fireing teh CEO?

Down a bit

not to bad

 

[waggy]

oh sit. they are now complaining about him getting $20 million retirement.

wonder how long before they try to tax it at 90% lol

 

[alphatarget1]

A government run auto warranty program does not sound appealing to me AT ALL. I'm less likely to buy a GM car as a result.

I'll tell you what Obama needs to (and won't) do:

Negotiate with foreign auto companies and give them loans + tax breaks to buy up GM (kind of like Chrysler?), dissolve all existing union contracts. Slash retiree pension and health benefits (if at all possible).

 

[LTC8K6]

Henderson was the CFO 06-08 and then the COO, so he was just as responsible as Wagoner for GM's troubles, yet he remains and is now CEO.

 

[Budmantom]

Originally posted by: LTC8K6
Henderson was the CFO 06-08 and then the COO, so he was just as responsible as Wagoner for GM's troubles, yet he remains and is now CEO.

Don't let the facts get in the way of a good lynching.

 

[WaTaGuMp]

BOOM the stock took a little bigger dive today, check my link a few posts above.

 

[StageLeft]

CNN article on what bankruptcy would look like. Looks painful.

Link