The President called, you’re fired:
The Obama administration has forced the longtime head of General Motors to resign and said yesterday that it would withhold additional federal aid to the auto industry unless the ailing companies undertake changes they so far have been unwilling or unable to make…
The White House’s insistence that Wagoner step down is [...]
Posts Tagged as ‘GM’
March 30, 2009
GM = Government Motors
December 23, 2008
The Nerve
Chrysler took out a $100,000 ad in The Wall Street Journal thanking the country for bailing them out. Radley Balko says it best:
Chrysler spends $100K on a full-page ad…thanking American taxpayers for a bailout most of the public opposed, Congress never approved, and that you average taxpayer had no choice but to help fund, [...]
