GM CEO to Step Down at White House Request

General Motors Chairman and CEO Rick Wagoner will step down immediately at the request of the White House, administration officials said Sunday. (March 29)

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News & Politics

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• gm
• wagoner
• ceo
• step
• white
• house
• request

[Tdahoodfella]

Im from Michigan and I dont have a problem with this as long as i can expect the CEO's of A.I.G, Bank of America, J.P Morgan & Chase, Citigroup & etc to to be fired as well

[xs1ner]

LOL!

Lady. Your husband is a retard and so are you.

[ajroberts81]

The newly formed Telsa motors in Cali with their EV's will destroy the big 3 if they can build a car that can go halfway across the country without having to burn money on gas!! Give em time!! I will be hopefully driving the new Model S in a couple of years and laughing and driving by all of the people that are still having to fill up their vehicles every two days with $10.00 a gallon gasoline from the middle east and who knows where else it comes from!!

[ajroberts81]

You build junk you lose money!! You pay for cheap labor they build junk!!

[ajroberts81]

Stop Republican and Democrat supported Corporate Welfare!! Vote Independent in 2010. This is just and example of Economics 101, you cannot make a product that stands out and performs better than the competition, your business goes down, not gets a big ass government bailout!! Republicans and Democrats are responsible for this promotion of Corporate Irresponsibility!! To hell with GM and Chrysler let them rot!! I will keep my European and Asian automobiles.

[McGeeRF]

A feel good slogan on a bumper sticker is not a way to run a country. The hords of mindless lemmings, who cling to the "Change" mantra when this administrations solution to the problem is to Spend too much, Borrow too much, and TAX too much. He's had more money printed and spent more money in 2 months then all the presidents put together. Its a reckless strategy at best, all protected by the magical "Change" mantra chanters. I think some disenchantment is in order. Give it a few more months.

[emforty2]

Obama is just too nice to help General Morons

idioit leadership is to blame when a company fails

[southernstar7]

What are you people complaining about? Obama is only doing what he promised to do. Bring change to America. And although change is hard to accept sometimes, it is the only way to move forward.

[9ReaperX]

Wagoner is a tool, no wonder the White House fired him. Consider the following:

*their Volt is still slave to a gasoline engine, has 1/4 of the range of the EV1 (without gas)

*They cannot use the NiMH battery technology that GM used to have a stake in, because they sold it to Texaco Oil.

*GM ignored the soaring oil prices and went on with 'business-as-usual" manufacturing gass-guzzlers, making GM lose 90% of its share price and $85M.

It all happened under his [lack of] leadership.

[dkkght]

Obama takes over GM-Anyone remember the last AUTO a government had anything to do with??? Answer, THE YUGO We all remember the SUCCESS that venture was Favorite joke at the time Do you know why the YUGO comes standard with REAR WINDOW DEFROSTER??? So your hands wont freeze when you push it

[TEAMCAMORRA]

How is one nigger going to run the U.S. and GM when ten niggers cant run McDonalds I think we are in for a long hard fu*king.