Sunday, March 29, 2009

Drive

It looks like Obama has a plan for GM and it's shifting into gear:
The chairman and chief executive of General Motors, Rick Wagoner, resigned Sunday as part of a broad agreement with the Obama administration to funnel more government aid to the ailing auto giant, according to people close to the decision.Mr. Wagoner, who has served as G.M.’s top executive since 2000, agreed to step down after it was requested by the president’s auto task force, these people said.
I'll be interested to see how the President's plan unfolds, expecting the same level of strategic intelligence that has been his trademark since the campaign.

And how about how he treated the CEOs he summoned to the White House last week?

Will the ever learn, maybe with a generational turnover?

No comments: