USA: General Motors CEO said to step down
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The President decides on who runs a company?The land of the free?
edavisdavis 5 months ago
This is just disgusting. Paying taxes to companies.
MrTheMercury 1 year ago
if anyone in America can get GM out of the gutter it's Whitacre. This is the best appointment they could have made.
As I predicted, he is using the exact strategy which made Southwestern Bell the most successful business in the last decade of the 20th Century, evolving from a 5 state telco into the worldwide service provider T.
"I want to win, win, WIN."
Very simple.
Vstrat0 2 years ago
JUST IN !!!!! Wagoner, 56, who was ousted by the Obama adm will get $1.64 million in benefits annually for each of the next five years, plus an annual pension of $74,030 for the rest of his life, according to company documents filed Tuesday with the U.S. Securities and Exchange Commission.He can also choose to cash out his company-provided life insurance policy at $2.6 million, according to the filing. The total package is 10 Million. I bet his employees were well taken care of, haha
az777641b 2 years ago
Love freedom? Boycott all GM and Chrysler products.
SigalaSigala 2 years ago
Global Economic Alert
US Public Washington Wall Street Main Street Dont let GM go Bankrupt on Monday 1st June 2009
On the bloomberg cable television channel around 2003 an economic adviser quite siply said GM - General motors cannot compete with rivals due its generous pension scheme which will bankrupt it.
This points to the question of why the US government didnt just rescue GM's pension plan?
Shareholders have a right to this Answer before bankrupcy is DONE!!!!!!!!!!!!!!!!
Elvensteel0 2 years ago
SMARTWALLETdotORG
usuc1212 2 years ago
(O)ne (B)ig (A)s! (M)istake (A)merica What killed GM and Chrysler? Too much competition and over payed and under worked unions.
ophachew 2 years ago
the economy's going down. i don't think obama is right 4 the job of prez. of the united states.
echosofangels101 2 years ago
Epic failure of a once mighty company
actually people though GM was good because there was no foreign cars competing with it as that was the only availalbe product.
but with the competition they don't have a chance
in engineering nor quality
no wonder they have been losing marketshare the last 50 years
emforty2 2 years ago