Monday, March 30, 2009
Bow To Leper Messiah
Holy crap, man. Not that I'm defending Rick Wagoner, but should ANY politician have this kind of power over the private sector?
-- General Motors Corp. Chief Executive Officer Rick Wagoner was forced out after President Barack Obama’s task force decided he was unable to craft a plan to save the automaker he ran for more than eight years.
Wagoner, 56, said he agreed to an administration request to leave. Chief Operating Officer Fritz Henderson will become CEO and director Kent Kresa will succeed Wagoner as chairman. GM had been seeking as much as $16.6 billion in new U.S. loans after an initial installment of $13.4 billion.
Pay attention, fellow free marketers. Just because we're paranoid, that doesn't mean that they ain't really out to get us.
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