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Automatic Transmission - 3 Speed

1st Gear: 2.48
2nd Gear: 1.48
3rd Gear: 1.00

- Used in production GM models from 1964 thru 1990.
- 13 Bolt ...
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Re: Obama fires GM ceo Rick Wagoner

Subject: Re: Obama fires GM ceo Rick Wagoner
by Sweet90 on 2009/3/31 13:51:59

Quote:

BrianCunningham wrote:
Quote:

Sweet90 wrote:
How can the POTUS fire a CEO of a company. I know Obama is going to try to bail out GM and could ask for Wagoner's resignation, but shouldn't the shareholders be the one to fire him? Am I missing something here?

Jim


Because they're giving them money.

You want $$$, you do THIS
You don't do THIS, then no $$$


I see that Brian, but like I asked in my post, shouldn't
Obama demand his resignation? I would think only the shareholders could actually fire him, or is this what really happened?
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