Rick Wagoner, You’re Fired!
General Motors CEO Wagoner Resigns Under Pressure
By Douglas V. Gibbs —— Bio and Archives--March 31, 2009
American Politics, News | Comments | Back To Full Article
At President Barack Obama's behest General Motor's CEO, Rick Wagoner, tendered a surprise resignation. Wagoner resigned after 31 years with GM. However, in the mainstream media, and among the larger Internet news agencies, it is being suggested that this was not a voluntary resignation. The U.S. Government, under the direction of President Barack Obama, forced out Wagoner as CEO of General Motors. His crime? Failure to return GM to profitability. The deal? Resign as a condition for General Motors to receive more bailout money from the federal government. It's like signing a pact with the devil.
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