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Officials say GM Chairman and CEO Rick Wagoner will step down immediately at request of the WH
http://www.foxnews.com/ ^

Posted on 03/29/2009 2:12:11 PM PDT by kcvl

Edited on 03/29/2009 4:22:35 PM PDT by Admin Moderator. [history]

Officials say GM Chairman and CEO Rick Wagoner will step down immediately at request of the White House.


TOPICS: Breaking News; Business/Economy; Constitution/Conservatism; Government; News/Current Events; Politics/Elections; US: Michigan
KEYWORDS: atlasshrugged; automakers; bho44; communism; dearleaderobama; dictatorship; economy; fascism; generalmotors; gm; government; governmentcontrol; michigan; obama; resignation; stimulus; stockmarket; totalitarianism; wagoner; wtf
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1 posted on 03/29/2009 2:12:12 PM PDT by kcvl
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To: kcvl

Did he get a nice parachute ?


2 posted on 03/29/2009 2:12:47 PM PDT by al baby (Hi Mom)
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To: kcvl

I wish WAONER good luck whoever he is.


3 posted on 03/29/2009 2:13:06 PM PDT by omega4179 (Don't spread my wealth, spread my work ethic.)
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To: al baby

Probably!


4 posted on 03/29/2009 2:13:09 PM PDT by kcvl
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To: al baby

To be replaced by....... 0’s bud?


5 posted on 03/29/2009 2:13:37 PM PDT by TribalPrincess2U (Welcome to 0bama's America... Be afraid, be very afraid)
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To: omega4179

The name is Rick Wagoner. I messed up the headline!


6 posted on 03/29/2009 2:13:56 PM PDT by kcvl
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To: omega4179

This is hugh...


7 posted on 03/29/2009 2:14:18 PM PDT by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: omega4179

GM Executive as it says in the headline.


8 posted on 03/29/2009 2:14:24 PM PDT by kcvl
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To: kcvl

There’s a ‘g’ in Wagoner.


9 posted on 03/29/2009 2:14:51 PM PDT by Non-Sequitur
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To: TribalPrincess2U
To be replaced by....... 0’s bud?

You mean Gettelfinger?

10 posted on 03/29/2009 2:15:24 PM PDT by mewzilla (In politics the middle way is none at all. John Adams)
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To: Non-Sequitur

I know. I said I messed up the headline and have contacted someone to fix the headline.

http://cbs2chicago.com/national/rick.wagoner.general.2.970831.html


11 posted on 03/29/2009 2:15:56 PM PDT by kcvl
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To: mewzilla

The people, who asked not to be named because the announcement hasn’t been made, didn’t give a reason why Wagoner, 56, is leaving the job. Wagoner said March 19 that he didn’t plan to resign.


12 posted on 03/29/2009 2:18:26 PM PDT by kcvl
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To: kcvl

I wonder if this means they will now, finally, file a BK?


13 posted on 03/29/2009 2:18:42 PM PDT by papasmurf (Trow da' bum out!)
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To: kcvl

If there is any justice, the current UAW chief, Ron Gettelfinger, will also “retire” a year early (he has said he will retire in 2010), since he and earlier UAW chiefs have dealt GM an impossible hand.


14 posted on 03/29/2009 2:19:39 PM PDT by reaganaut1
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To: kcvl

Did he leave the office in a hybrid?


15 posted on 03/29/2009 2:20:55 PM PDT by DTogo (Time to bring back the Sons of Liberty.)
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To: kcvl
Oh, Happy Days are here again.... Oh, HAPPY days are HERE again, Oh Happy days are here again.....

This goof has destroyed the most powerful auto company in the world. He was NEVER qualified to run GM. Don't let the door hit you on the way out, Wagoner!

16 posted on 03/29/2009 2:21:07 PM PDT by April Lexington (Study the constitution so you know what they are taking away!)
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To: kcvl

Let’s hope Barry Obama is next.


17 posted on 03/29/2009 2:21:11 PM PDT by devere
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To: kcvl

Promote Bob Lutz and build the Z28.


18 posted on 03/29/2009 2:21:11 PM PDT by SVTCobra03 (You can never have enough friends, horsepower or ammunition.)
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To: kcvl
...didn’t give a reason why Wagoner, 56, is leaving the job.

Somebody made him an offer he couldn't refuse?

Either that or Mr. Wagoner got wind of something wicked GM's way coming and decided to get the heck outta Dodge?

Glad I'm not a stockholder.

19 posted on 03/29/2009 2:21:20 PM PDT by mewzilla (In politics the middle way is none at all. John Adams)
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To: kcvl

One could count on one hand the number of GM Executives who have either resigned or were fired since WII.

This is the quintessential “Good ole boys” club, with the Taxpayer footing the bill.


20 posted on 03/29/2009 2:22:11 PM PDT by Boiling Pots (The Politicians think we're all stupid, and they're largely correct.)
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