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About time...
Posted by Noel [Email] (more from Noel) on Mon, 30 Mar 2009 04:48:17
In Reply to: Rick Wagoner to resign tomorrow..., PT, Sun, 29 Mar 2009 15:10:24
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but with a board and management team that seems to have shared Wagoner's vision of how GM should operate it seems they need to do more than rearrange the deck chairs on the Titanic. The guy taking over is the current president, who has presumably been drinking the same Kool Aid as Wagoner.
The new deal gives them 60 days to get their ducks in a row or face some type of structured bankruptcy with warranties etc., backed by the gov't. Why not just let them go down now and get the restructuring over with?
Posts in this Thread:
- Rick Wagoner to resign tomorrow..., PT, Sun, 29 Mar 2009 15:10:24
- GM's had a 95% decline in market value since 2000, BrianG, Mon, 30 Mar 2009 06:23:50
- GM doesn't need a car guy now, it needs a...., TKC, Mon, 30 Mar 2009 05:42:27
- About time..., Noel, Mon, 30 Mar 2009 04:48:17 <-- Viewing This Message
- can't say i'm sorry to see him go, ryan88, Sun, 29 Mar 2009 17:52:07
- With a golden parachute no doubt. n/m, turbocon86, Sun, 29 Mar 2009 17:10:10
- Re: Rick Wagoner to resign tomorrow..., AlS, Sun, 29 Mar 2009 15:32:27
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