12-12-2008, 08:06 PM
...and replace him with Roger Penske.
Opinion piece: http://www.freep.com/article/20081212/OP...5/81212087
One paragraph: "The company that needs leadership the most has virtually none. Under the Wagoner administration, GM has lost market share, lost $70 billion, and lost 90% of its stock value. And yet he is portrayed by his board and subordinates as a financial wizard. Would you loan him $18 billion?"
Opinion piece: http://www.freep.com/article/20081212/OP...5/81212087
One paragraph: "The company that needs leadership the most has virtually none. Under the Wagoner administration, GM has lost market share, lost $70 billion, and lost 90% of its stock value. And yet he is portrayed by his board and subordinates as a financial wizard. Would you loan him $18 billion?"