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#1 |
WSB Champion
Join Date: Nov 2008
Location: Anaheim, CA
Moto: 2009 Kawi ZX6R
Posts: 5,570
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Just heard that Rick Wagoner resigned....not sure if this was posted already.
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Train Hard Ron Paul - 2012 Mark of Excellence GM |
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#2 |
Elitist
Join Date: Nov 2008
Location: SF Bay Area
Moto: Gix 750
Posts: 11,351
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#3 |
Community Curmudgeon
Join Date: Nov 2008
Location: Tallahassee
Moto: '04 F4i
Posts: 373
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He was asked by the Whitehouse to resign and he did. I guess the president knows more about running GM than the Board does
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Alcohol, Tobacco and Firearms should be a convenience store and not a government agency If You Don't Know What Your Rights are...You Won't Have Any |
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#4 |
noodles... dont noodles..
Join Date: Mar 2008
Location: Louisiana
Posts: 427
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the white house knows everything. the problem is that we just arent intellignet enought to understand their decisions.
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Theres no sense crying over every mistake, you just keep on trying till you run out of cake. Last edited by JK; 03-29-2009 at 10:59 PM.. |
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#5 |
WSB Champion
Join Date: Nov 2008
Location: Anaheim, CA
Moto: 2009 Kawi ZX6R
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Sorry, but the government fucks up most things they touch. God help GM.
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Train Hard Ron Paul - 2012 Mark of Excellence GM |
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#6 |
yellow don't corner well
Join Date: Feb 2009
Location: Kansas City, KS
Moto: 06 ZX10R
Posts: 1,243
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is this the change everyone wanted?
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#7 |
Serious Business
Join Date: Nov 2008
Location: New York
Moto: 1993 ZX-11 2008 CBR1000rr
Posts: 9,723
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Wagoner has been in charge for 9 years.
GM's performance over the past 9 years has not been great and the decisions made over that period have resulted in what we see today. 9 years is enough time to make an impact and Wagoner's leadership have led GM to what it is today. If it were a bank GM was approaching for cash vs the federal Government... I would think the Bank would ask for "regime change" as well before loaning a coulpe of billion dollars. |
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#8 |
Elitist
Join Date: Nov 2008
Location: SF Bay Area
Moto: Gix 750
Posts: 11,351
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Considering the size of the bailout, I think the government has the right to get some influence..........Think of it almost like buying themselves 2-3 seats on the board.
Or would you guys prefer that they go bankrupt without any bailouts? Last edited by Homeslice; 03-30-2009 at 12:12 AM.. |
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#9 | |
Victim of Blazer Rapage
Join Date: Mar 2008
Location: Talkeetna, AK
Moto: 06 GSXR 600
Posts: 1,707
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I wasn't aware that it could get any worse for GM. |
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#10 | |
125GP Champion
Join Date: Aug 2008
Location: Worthington, OH
Moto: Empty Garage
Posts: 3,418
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![]() Quote:
![]() "So..... you want me to step down Mr President???? You say its for the betterment of the company?? Heh heh, pay up suckers!"
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*Coming soon? 2010 Ducati Monster 696 - Sold 1984 Honda VF500F - Sold 1999 Yamaha R6 - Sold |
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