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Rick Wagoner

White House Reportedly Calling The Shots On GM IPO

Posted 05.25.2011 | Business

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 ...

2009 CEO Turnover Rate At Lowest Point In Five Years

Los Angeles Times | Tiffany Hsu | Posted 05.25.2011 | Business

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...

Steven Rattner: GM Had "Stunningly Poor Management"

Posted 05.25.2011 | Business

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...

Our Weekend Automotive Radio Shows ...

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

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?

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

Jonathan Kim | Posted 05.25.2011 | Business
Jonathan Kim

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

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

Washington Post | David Cho | Posted 05.25.2011 | Business

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...

Grand Theft Automaker

Stuart Whatley | Posted 05.25.2011 | Business
Stuart Whatley

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.

Confidence Game

Robert Kuttner | Posted 05.25.2011 | Business
Robert Kuttner

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.

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

Diane Tucker | Posted 05.25.2011 | World
Diane Tucker

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.

The Past and Future of General Motors

Clayton M. Christensen | Posted 05.25.2011 | Business
Clayton M. Christensen

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.

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

Keith Thomson | Posted 05.25.2011 | Politics
Keith Thomson

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?

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

The New York Times | Frank Rich | Posted 05.25.2011 | Politics

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, ...

For Wagoner, Camaro Comes Too Late

Anne Stockwell | Posted 05.25.2011 | Business
Anne Stockwell

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.

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

McClatchy | Christina Rexrode | Posted 05.25.2011 | Business

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...

Another Nice Guy Bites The Dust

Nancy Lublin | Posted 05.25.2011 | Business
Nancy Lublin

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.

Rick Wagoner's Life Of Luxury: Rolling In Dough As General Motors Went Bust | Posted 05.25.2011 | Business

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...

Rick Wagoner's Home (PICTURES) | Posted 05.25.2011 | Business

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

What If The Middle-Class Ruled?

Harry Moroz | Posted 05.25.2011 | Politics
Harry Moroz

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

Unions Demanding Obama Fire BofA CEO In Wake Of Wagoner Ouster

The Plum Line | Posted 05.25.2011 | Politics

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...

Motown Misery

Joe Peyronnin | Posted 05.25.2011 | Business
Joe Peyronnin

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

Fear and Anger in Michigan

Jeffrey Feldman | Posted 05.25.2011 | Politics
Jeffrey Feldman

Fear and anger are rising in Michigan. New York gets what it wants, when it wants it, from Washington; Michigan gets slapped in the face.

GM CEO Wagoner Forced Out... Now What?

Payam Zamani | Posted 05.25.2011 | Business
Payam Zamani

The worst thing we can do is invest billions in these troubled businesses but be stingy when it comes to paying the skilled individuals who are badly needed to turn the organizations around.

Fritz Henderson May Not Last Long At GM

Financial Times | John Gapper | Posted 05.25.2011 | Business

The departure of Rick Wagoner as chief executive of General Motors was inevitable once Barack Obama's auto taskforce had concluded that it did not bel...

Dear GM..Your Lease is Up.

Hal Sparks | Posted 05.25.2011 | Business
Hal Sparks

If these GM guys -- and they are all guys -- had spent half the time running these companies as if they had a future -- we would not even be discussing them.

Obama Didn't Want Congress' Advice On GM Head

The Hill | Posted 05.25.2011 | Politics

President Obama didn't want any advice from Congress on the decision to ask GM CEO Rick Wagoner to resign, according to Carl Levin (D), Michigan's sen...