Detroit Free Press says GM should dump CEO Rick Wagoner

[AllGold]

...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?"

[MacGurl]

It'd be a start, wouldn't it? Do some house cleaning.

[bazookaman]

They keep the captains that drove the ship onto a reef, while tossing the poor deckhands overboard.

[OWC Jamie]

GM should hire The Detroit Free Press.

How much of that lost market share, lost $70 billion, and lost 90% stock value was saved by the finacial wizard ?
I bet that writer has absolutely no clue.

[AllGold]

When you're talking about $70 billion and 90% of the stock value, does it really matter?