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Blog Source: www.dailyfinance.com
| 1 day ago
And between 2000 and 2009, GM's board kept on supporting CEO Rick Wagoner, oblivious to his performance. How so? Under Wagoner, GM's stock's value was completely wiped out, and its 2004 to 2008 losses totaled $88 billion, according to ...
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Blog Source: www.zymzym.com
| 1 day ago
GM's CEO Rick Wagoner has been “encouraged” to step down as CEO, by the White House. This comes in the wake of the Federal Government restructuring both GM and Chrysler. Hey White House, let me help save you some time. ...
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Blog Source: www.1853chairman.com
| 1 day ago
Unlike Rick Wagoner, who was widely viewed as having fallen short as chairman and CEO of GM, Henderson has strong advocates in the company and in the industry. He has broad international experience, having run GM's Asian and European ...
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Blog Source: blogs.bnet.com
| 1 day ago
... venture so far into governance of private businesses, but my friends on the right see footprints already heading in that direction, such as the government's not-so-subtle pressure to force an ouster of former GM CEO Rick Wagoner. ...
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Blog Source: www.ritholtz.com
| 1 day ago
They could prop up Lee Iacocca himself and it wouldn't matter. The same can be said for many other industries as well but the auto industry is the worst (higher education and health care costs running a close second and third in terms ...
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Blog Source: industry.bnet.com
| 2 days ago
Fritz Quits: GM Board Makes a Change After Opel Non-Deal. By Jim Henry | Dec 1, 2009. Fritz Henderson resigned as president and CEO if General Motors, ending speculation he might leave, in light of GM reversing course on selling off its Opel/Vauxhall
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Blog Source: www.themotorlesscity.com
| 9 days ago
When Rick Wagoner was ousted from GM, many people came to his defense. There was anger. How dare a government appointed “czar” (Steven Rattner), with no automotive industry experience, fire GM's CEO. “What does the government know about ...
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Blog Source: www.saturnfans.com
| 9 days ago
Rick Wagoner wasn't responsible for GM's legacy financial liabilities , or for the worldwide financial collapse -- but , he should have implemented emergency restructuring progressively/responsively . Not doing so implied his departure ...
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Blog Source: bungalowbillscw.blogspot.com
| 9 days ago
We also know the Rick Wagoner was fired at GM by Obama for refusing to let the GM brand of pickup trucks and SUVs to be dropped in GM's quest to reorganize to become profitable. In the end Pontiac died, and Saturn and Hummer were sold. ...
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Blog Source: www.realestateforeclosureblog.com
| 9 days ago
The earlier CEO, Rick Wagoner, had resisted a plan that it felt would hurt consumers. Hence, he had to leave the company. It may be noted that GM had almost $43 billion cash as compared to $14 billion the previous year. ...