Who Is Running GM?

Don't tell us Fritz. That's bullshit. Fritz didn't can Rick Wagoner. If we were at all real writers and knew how to do research, that's the question we'd ask.

It's not so much that we feel badly for Mr. Wagoner, but we don't understand why the United States government is calling these kinds of shots in the autos sector. Hell, they are considering the bonuses for all of Wall Street despite its colossal fuck up. And, even now, BoA is considering massive raises for employees... Didn't the government have BoA and Merrill Lynch merge? How come they aren't calling the same kinds of shots there?

Referenced articles
NY Times: White House Pushes Out G.M. Chief
Bloomberg: Bank of America May Increase Salaries for Investment Bankers

Comments

[Subaru Middle East]

Thanks for sharing us this issue!!!!!

[Thomas]

That's weird. I never thought that the automotive secter is a prior... there is so many other things to care about in country...

[Car girls]

I really don't understand why the US government is focusing too much on the automotive sector when other sectors of the country needs help as well.

[Hal]

The reason the financial industry is getting a free pass, while the auto industry is getting hammered, is simple - politics. New York has a lot more juice than Detroit. If cars were built in New York, and the financial industry were in Detroit, I think their positions would be reversed.