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GM's CEO Resigns.....
Jalopnik ^ | 12/1/2009 | Wes Siler

Posted on 12/01/2009 2:22:29 PM PST by taildragger

The CEO of General Motors, is set to resign. Chairman Ed Whitacre will serve as interim CEO. Update: According to Whitacre, the GM board has accepted Henderson's resignation.


TOPICS: Breaking News; Business/Economy; Government; News/Current Events
KEYWORDS: automakers; epicfail; generalmotors; gm; obama; resignation; takeover; whitacre
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1 posted on 12/01/2009 2:22:29 PM PST by taildragger
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To: taildragger

Take the buy-out and run before Bawney Fwank gets his hands on it!


2 posted on 12/01/2009 2:24:09 PM PST by Cletus.D.Yokel
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To: taildragger

Good. Will the new CEO require senate confirmation?


3 posted on 12/01/2009 2:24:15 PM PST by lainie (The US congress is full to the brim of absolutely disgusting thieves who deserve humiliating ouster.)
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To: taildragger
What's this mean.

Guess ol' Fritz didn't have Iaccoca's magic. LOL

4 posted on 12/01/2009 2:25:34 PM PST by Landru (Forget the pebble Grasshopper, just leave.)
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To: taildragger

Daniel Howes (google who he is) was on Mitch Albom here in MI. Wondered out loud if this has anything to do with Saab going belly up and any arguements that may have insued from it....


5 posted on 12/01/2009 2:25:37 PM PST by taildragger (Palin/Mulally 2012)
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To: taildragger

Since I have no experience in the automotive industry, I shall sit by my phone and await the call from whatever recruiter the government engages for these things.


6 posted on 12/01/2009 2:26:00 PM PST by Liberty Ship ("Lord, make me fast and accurate.")
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To: taildragger; Revolting cat!

Does Government Motors offer a Golden Parachute?


7 posted on 12/01/2009 2:26:03 PM PST by a fool in paradise (The myth of man made global warming is science fiction.)
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To: lainie

“Will the new CEO require senate confirmation?”

No! It will become a new czar position.


8 posted on 12/01/2009 2:26:38 PM PST by Hayzo
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To: taildragger; All

To all posters, this broke less than an hr ago, I don’t have any answers yet, everyone is reading tea leaves.


9 posted on 12/01/2009 2:26:54 PM PST by taildragger (Palin/Mulally 2012)
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To: taildragger

Will Obama scratch him off of his “saved jobs” list?


10 posted on 12/01/2009 2:27:32 PM PST by Gator113 (Obama is Americas First Failed Black Pres-dent.....)
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To: Hayzo

I thought we already had a car czar.


11 posted on 12/01/2009 2:27:37 PM PST by lainie (The US congress is full to the brim of absolutely disgusting thieves who deserve humiliating ouster.)
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To: taildragger

At least Henderson did not get a Rahm basball bat into his head.


12 posted on 12/01/2009 2:27:45 PM PST by C19fan
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To: Gator113

No, the new opening will be registered under “jobs created.”


13 posted on 12/01/2009 2:28:39 PM PST by Liberty Ship ("Lord, make me fast and accurate.")
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To: Liberty Ship
"Since I have no experience in the automotive industry, I shall sit by my phone and await the call from whatever recruiter the government engages for these things."

I wouldn't hold my breath waiting for that call. You're obviously way over-qualified for the position.

14 posted on 12/01/2009 2:28:49 PM PST by Joe 6-pack (Que me amat, amet et canem meum)
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To: taildragger
Looking for new CEO to handle fallout from East Anglia climate mess?

GM won't be able to go as green as planned...

15 posted on 12/01/2009 2:29:03 PM PST by what's up
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To: taildragger; LucyT; Fred Nerks; Beckwith
Looks like Obama is re inventing GM. GMACs Cheif eecutive was forced to resig last week and replaced with an Obot.

Will Henderson's replacement be an Obot too?Inquiring minds want to know information from out there in FReeper land. I have not been following the cloak and dagger going on at GM as Obama makes it into the world's largest hope and change corporate experiment in socialism and community organizing.

16 posted on 12/01/2009 2:29:20 PM PST by Candor7 ((The effective weapons Against Fascism are ridicule, derision, and truth (.Member NRA))
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To: lainie

“Will the new CEO require senate confirmation?”

Bawney Fwank gathers his gay-prostitution team to his basement and they will vote on the new CEO later today. heard that van jones guy is looking for a new job.


17 posted on 12/01/2009 2:29:20 PM PST by heiss (True Conservatives came from Senate Centrist Coalition!)
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To: taildragger
Not GM news, but auto-related:

I was reading the sales figures from Chrysler that came out today and noted that, during the month of November, they sold 29 Dodge Durangos....

29!

For some reason the sight of that number struck me as both shocking and sad.

18 posted on 12/01/2009 2:32:13 PM PST by Petronski (Global warming is indeed man-made: it was created by man-made manipulation of the data.)
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To: Liberty Ship

LOL! The first job created in awhile.


19 posted on 12/01/2009 2:32:15 PM PST by Achilles Heel
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To: Liberty Ship

Obama’s easy math....


20 posted on 12/01/2009 2:32:22 PM PST by Gator113 (Obama is Americas First Failed Black Pres-dent.....)
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