Steven Rattner: GM Had "Stunningly Poor Management"
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...
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...
AP | Ken Thomas, Associated Press Writer | Posted 08.21.2009 | Business
WASHINGTON (AP) -- The Obama administration urged Congress Tuesday not to intervene in the closings of hundreds of General Motors and Chrysler dealers...
Steve Parker | Posted 08.17.2009 | Business
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?
AP | Posted 08.14.2009 | Business
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...
Jonathan Kim | Posted 08.14.2009 | Business
Instead of embracing the inevitable future of the auto industry, GM decided to be the #1 producer of dinosaurs.
Washington Post | David Cho | Posted 06.17.2009 | 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...
Stuart Whatley | Posted 05.31.2009 | Business
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.
Robert Kuttner | Posted 05.21.2009 | Business
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.
Clayton M. Christensen | Posted 05.09.2009 | Business
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.
Keith Thomson | Posted 05.08.2009 | Politics
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?
The New York Times | Frank Rich | Posted 05.06.2009 | 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, ...
Anne Stockwell | Posted 05.04.2009 | Business
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.
Nancy Lublin | Posted 05.03.2009 | Business
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.
McClatchy | Christina Rexrode | Posted 05.03.2009 | 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...
radaronline.com | Posted 05.02.2009 | Business
Rick Wagoner lived a life of luxury as General Motors deteriorated. RadarOnline has pictures of his mansion. ...
radaronline.com | Posted 05.02.2009 | 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...
Stuart Whatley | Posted 05.02.2009 | Politics
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.
Harry Moroz | Posted 05.01.2009 | Politics
Lawmakers should use the current crisis as an opportunity to usher in a new era of middle-class American rule.
The Plum Line | Posted 05.01.2009 | 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...
Payam Zamani | Posted 04.30.2009 | Business
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.
Tom Morris | Posted 04.30.2009 | Business
Goodness is important in many forms. An automaker should care about its customers, and design cars for us that are good in many ways -- safe, reliable, inexpensive to operate, and well designed to meet our needs.
Joe Peyronnin | Posted 04.30.2009 | Business
Nothing will change unless the Detroit culture changes back to what it once was -- entrepreneurial, creative, innovative, market savvy and cost effective.
Carl Pope | Posted 04.30.2009 | Green
What happened to GM is the poster child for what really created the economic crisis -- short time horizons.
The Hill | Posted 04.30.2009 | 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...
Hal Sparks | Posted 04.30.2009 | Business
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.
Posted 10.21.2009 | Business