Rick Wagoner

White House Reportedly Calling The Shots On GM IPO

Posted 05.25.2011

Read More: Treasury GM, Auto Bailout, Ed Whitacre, General Motors, GM Bailout, GM Stock, Rick Wagoner, United Auto Workers, Steve Rattner, Larry Summers, GM IPO, Obama Gm, Electric Cars, Business News

NEW YORK/DETROIT (Reuters, By Clare Baldwin, Soyoung Kim and Kevin Krolicki) - Steve Girsky remembers sitting at his kitchen table in New York on the...

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GM CEO Henderson To Resign: AP Source

AP | TOM KRISHER and KEN THOMAS | Posted 05.25.2011

Read More: Detroit Automakers, Fritz Henderson, Rick Wagoner, Gm, Associated Press, General Motors CEO Resigns, Inewsroom, John Gapper, Edward Whitacre, Business News

DETROIT — GM's board and CEO Fritz Henderson parted ways Tuesday, the board upset that the automaker was changing too slowly and Henderson frust...

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Steven Rattner: GM Had "Stunningly Poor Management"

Posted 05.25.2011

Read More: Detroit Automakers, Car Czar, General Motors, Steven Rattner, Rick Wagoner, Quandrangle Partners, Business News

Steven Rattner, the ex "car czar" who helped organize the bailout of the Detroit automakers earlier this year, has begun to speak out about his experi...

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2009 CEO Turnover Rate At Lowest Point In Five Years

Los Angeles Times | Tiffany Hsu | Posted 05.25.2011

Read More: Ceo Turnover, Gray & Christmas Inc, Chief-Executive-Officers, Rick Wagoner, Ken Lewis, Ceos, Challenger, John Mack, Business News

The nation's companies reported that 1,227 chief executives vacated their posts during 2009, the lowest level in five years, according to a survey tod...

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Obama Auto Task Force Comes Out Against Dealer Plan

AP | Ken Thomas, Associated Press Writer | Posted 05.25.2011

Read More: GM Bankrutpcy, Chrysler Bankruptcy, Rick Wagoner, Chrysler, Gm, Chrysler Dealerships, GM Dealers, Detroit, Business News

WASHINGTON (AP) -- The Obama administration urged Congress Tuesday not to intervene in the closings of hundreds of General Motors and Chrysler dealers...

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Our Weekend Automotive Radio Shows ...

Steve Parker | Posted 05.25.2011

Top GM exec Bob Lutz has been un-retired and is back at General Motors as vice-chairman in charge of marketing, advertising, promotion and will have a heavy hand in styling and design. Does this make any sense at all?

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Rethinking Who Killed the Electric Car?: How GM Doubled Down on Dinosaurs

Jonathan Kim | Posted 05.25.2011

Read More: Movie Review, Jonathan Kim, Who Killed the Electric Car, General Motors, United Auto Workers, Rick Wagoner, Electric Cars, Rethink Reviews, Documentary, Chris Paine, Labor Unions, Business News

Instead of embracing the inevitable future of the auto industry, GM decided to be the #1 producer of dinosaurs.

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Rick Wagoner Gets Over $10 Million In Exit Package From GM

AP | Posted 05.25.2011

Read More: GM CEO Wagoner, Wagoner Gm, Wagoner, Wagoner Severence, Wagoner Pension, Rick Wagoner, Wagoner Exit Package, Business News

DETROIT (AP) -- Former General Motors Corp. Chairman and CEO Rick Wagoner will retire Aug. 1 with a pension and benefit package the automaker valued a...

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Ousted CEO Rick Wagoner Still On GM's Payroll As Treasury Considers $20 Million Severance Package

Washington Post | David Cho | Posted 05.25.2011

Read More: GM Bailout, Wagoner Still on Payroll, Wagoner Severance Package, GM CEO Severance, GM CEO Wagoner, Rick Wagoner, Ousted GM CEO, Business News

Seven weeks after the Treasury Department announced that it was ousting General Motors chief G. Richard Wagoner Jr. in the federal bailout of the comp...

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Grand Theft Automaker

Stuart Whatley | Posted 05.25.2011

Read More: Geithner, Bondholders, General Motors Bailout, Detroit Automakers, GM Bankruptcy, Gm Bondholder, Economy, Steven Rattner, Ppip, Gm, Business, GM Bailout, Automakers, General Motors, Gm Bondholders, Hedge Funds, Gm Chapter 11, Obama Gm, Pension Funds, White House Auto Task Force, Auto Task Force, Rick Wagoner, Detroit, Rick Wagoner Fired, Wall Street, Stuart Whatley, Business News

Nobody expects the administration to right the world economy in a day, but what it can do is make sure each who is owed gets his fair share of the pie.

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Confidence Game

Robert Kuttner | Posted 05.25.2011

Read More: Nationalization, Bank Nationalization, Rick Wagoner, Bank Crisis, Banks, Financial Crisis, Global Financial Crisis, Recapitalization, Business News

The same Treasury department that did not hesitate to fire GM's CEO seems determined to keep zombie banks and their zombie managers intact at all cost. And all cost, in this case, could be trillions.

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Adam Posen: A Financial Lesson From Japan's 'Lost Decade' Is Lost On Obama

Diane Tucker | Posted 05.25.2011

Read More: Savings and Loan Crisis, Adam Posen, Economic Crisis, President Obama, Diane Tucker, Recession, Global Financial Crisis, Japan Recession, G-20 Summit, Economic Stimulus Package, U.S. Financial Crisis, Japan's Lost Decade, Tim Geithner, Recession Fears, Global Recession Fears, Peterson Institute for International Economics, Resolution Trust Corporation, House Financial Services Committee, Rick Wagoner, Auto Bailout, General Motors, Japan, G-20, World News

On the eve of the G-20 economic summit in London, I spoke with Adam Posen, who wrote the book on the mistakes Japanese policy makers made during their lost decade.

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The Past and Future of General Motors

Clayton M. Christensen | Posted 05.25.2011

Read More: CEO Layoffs 2009, Richard Wagoner, General Motors, Rick Wagoner, Ceos, Gm, Rick Wagoner Fired, Detroit-Michigan, Business News

Washington has cast aside a remarkable executive who already has presided successfully over many of the most difficult elements of the rescue of GM in a way that is rare in the history of business.

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How Tim Geithner Can Guarantee a 43% Return on Your Money This Year

Keith Thomson | Posted 05.25.2011

Read More: Polls, Tom Delay, Jimmy the Greek, Money, Rick Wagoner, Al Franken, Ray Paulick, Minnesota, Barack Obama, Caroline Kennedy, Gambling, Andrew Cuomo, Gasoline Prices, Rod Blagojevich, Rahm Emanuel, Norm Coleman, Voter Turnout, Michael Steele, Internet Gambling, Kentucky, Hillary Clinton, Timothy Geithner, I Love You Man, Leon Panetta, Scooter Libby, Betfair, Intrade, Politics News

I asked one of America's foremost horse racing handicappers to take time out from the grandstand and bet on political outcomes. What's his line on Geithner?

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Frank Rich: C.E.O. Guillotine Won't Do Any Good

The New York Times | Frank Rich | Posted 05.25.2011

Read More: General Motors, Bank Bailouts, Bank of America, Bailouts, The Bailouts, Frank Rich, Rick Wagoner, Bank Bailout, Car Bailout, Politics News

EVEN among pitchfork-bearing populists, there was scant satisfaction when the White House sent the C.E.O. of General Motors to the guillotine. Sure, ...

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For Wagoner, Camaro Comes Too Late

Anne Stockwell | Posted 05.25.2011

Read More: Camaro, Chevy Volt, 2010 Chevrolet Camaro, Gm, General Motors, Rick Wagoner, Chevrolet, Business News

We say GM can't make fuel-efficient cars we want to drive, but the Camaro proves otherwise. Whatever his failings, Wagoner, who resigned Sunday, deserves a piece of that credit.

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Another Nice Guy Bites The Dust

Nancy Lublin | Posted 05.25.2011

Read More: Gm, Nancy Lublin, James Elbaor, Do Something, dosomething.org, General Motors, Rick Wagoner, Business News

Rick Wagoner's forced resignation proves the common stereotype: nice guys finish last. He isn't just a nice guy he's a smart businessman. I know this because Rick is my friend.

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Bank Of America CEO Ken Lewis: Don't Compare Me To EX-GM CEO Rick Wagoner

McClatchy | Christina Rexrode | Posted 05.25.2011

Read More: Bailout Bandits, Bailouts, Ken Lewis, Bank of America Bailout, Rick Wagoner, GM Bailout, Detroit-Michigan, Business News

Bank of America Corp. chief executive Ken Lewis bristled at comparisons between himself and Rick Wagoner, the ousted CEO of General Motors Corp., in a...

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The Double-Standardization Of Double Standards

Stuart Whatley | Posted 05.25.2011

Surely there is nothing new about double standards in business and finance, especially in the current crisis. In fact, there may even be a rising double standard for what constitutes a double standard.

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Rick Wagoner's Home (PICTURES)

radaronline.com | Posted 05.25.2011

Read More: Rick Wagoner Pictures, General Motors, Rick Wagoner's Home Pictures, GM CEO Wagoner, GM CEO, Rick Wagoner, Pictures Gm Ceo Home, Rick Wagoner Fired, Ceo Wagoner, Business News

Rick Wagoner lived a life of luxury as General Motors deteriorated. RadarOnline has pictures of his mansion. ...

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Rick Wagoner's Life Of Luxury: Rolling In Dough As General Motors Went Bust

radaronline.com | Posted 05.25.2011

Read More: Rick Wagoner Fired, Rick Wagoner, Rick Wagoner Rich, Rick Wagoner Lifestyle, Business News

The man who was behind the wheel while GM motored toward bankruptcy has bailed out with a ton of loot! While General Motors lost more than $84 bill...

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Unions Demanding Obama Fire BofA CEO In Wake Of Wagoner Ouster

The Plum Line | Posted 05.25.2011

Read More: Change to Win, Obama SEIU, Bank of America Ken Lewis, Ken Lewis, Rick Wagoner, Seiu, Bank of America, Rick Wagoner Fired, Obama Change to Win, Labor Unions, Unions, Barack Obama, Politics News

The major unions are grabbing on to the ouster of General Motors chief Rick Wagoner to launch a campaign to pressure the Obama administration to engin...

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What If The Middle-Class Ruled?

Harry Moroz | Posted 05.25.2011

Read More: GI Bill, House, Rick Wagoner, President Barack Obama, Automobile Industry, Congress, TheMiddleClass.Org, Credit Cardholders Bill of Rights, Credit Cards, Schip, Drum Major Institute, Health Insurance, Food Safety, Bankruptcy, Homeowners, Senate, Politics News

Lawmakers should use the current crisis as an opportunity to usher in a new era of middle-class American rule.

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The Lesson of GM

Carl Pope | Posted 05.25.2011

Read More: Gm, Big Three Automakers, Rick Wagoner, Wagoner Asked to Resign, Green News

What happened to GM is the poster child for what really created the economic crisis -- short time horizons.

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Motown Misery

Joe Peyronnin | Posted 05.25.2011

Read More: Chrysler, Gm, Barack Obama, Auto Bailout, GM Bankruptcy, Rick Wagoner, GM Bankrupt, Chrysler Bankruptcy, Auto Crisis, Chrysler Bankrupt, Good and Bad Assets, Detroit-Michigan, Business News

Nothing will change unless the Detroit culture changes back to what it once was -- entrepreneurial, creative, innovative, market savvy and cost effective.

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