This is a very curious story. Why did the Obama administration want him to go? Just as a fallguy? Or maybe something more? I do not see this as a particularly positive development for GM.
Wagoner Retains His Optimism as He Bows Out
MICHELINE MAYNARD
Published: March 30, 2009
DETROIT — In his parting words to General Motors employees early Monday, the chief executive Rick Wagoner exuded the confidence that guided him the last eight years at G.M., even as the nation’s biggest automaker was on a downward slide.
“G.M. is a great company with a storied history.” Mr. Wagoner said, in an e-mail message made public by the automaker. “Ignore the doubters because I know it is also a company with a great future.”
Mr. Wagoner, whose resignation was confirmed by G.M. on Monday, explained his departure by saying he had been urged to “step aside” by Obama administration officials, “and so I have.”
4 comments:
it's hard to feel sorry for a guy like this, whether the government forced him out or note. I'm sure he's been handsomely compensated, despite the economic decline, and can afford to avoid the scrutiny of public shame by hiding out on some island or other for the next several years..
Leger poll puts IGGY ahead, what a joke!
You Liberal sheep believe those polls, way too funny.
If Iggy had the nads we'd go to an election right now and then we'd see what these polls are worth,
absolutely nothing.
I wonder if there have been brown paper bags of the missing ADSCAM money being passed under tables at shady eateries to pay for these polls?
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