Cynthia “Cjay” Judge

GM CEO Wagoner stepped down at White House request

 
     
 
     
 

 

(AP Photo/Manuel Balce Ceneta)

 

The Obama administration asked Rick Wagoner, the chairman and CEO of General Motors, to step down and he agreed, a White House official said.

An administration official confirmed that Mr. Wagoner was asked to step down by the administration as a precondition for ongoing restructuring within the company.

My my my, can't wait to hear Rush Limbaugh and Fox News on this one. Cries of Socialism, Marxism, Communism, anything with "ism" attached to it.

 

 
     
 
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