Comments on: Financial Lessons that Can Change Your Life

By: Wizard Prang

Wizard Prang — Mon, 06 Jul 2009 12:48:46 +0000

This whole “President-fired-GM-CEO” story is a bunch of… well, hooey. The President does not have the authority to fire _any_ CEO.

Who does? The shareholders.

The fact that the President happens to represent the biggest shareholder is purely coincidental.

That is all.

By: Neal

Neal — Wed, 01 Apr 2009 12:20:04 +0000

David,

Yes. You bring up an excellent point. This is really a thorny issue I think. I’m not crazy about the government getting involved in this. I would gladly have the situation where GM gets to keep their CEO – and we get to keep our multi-billions.

By: The David

The David — Wed, 01 Apr 2009 03:45:56 +0000

I don’t agree with what GM has done, but if the shareholders want to keep Wagoner, I don’t see why anyone else should forced him out – even the President. I like Obama, but it seems like a dangerous precident

By: Neal

Neal — Tue, 31 Mar 2009 14:51:10 +0000

Baker,

From your mouth to G-d’s ears! That would be awesome! Time to build our nation (and car industry) based on economic, rather than political, reality.

By: Baker @ ManVsDebt

Baker @ ManVsDebt — Tue, 31 Mar 2009 14:47:23 +0000

“I don’t care who ousted Wagoner”… I couldn’t agree more. In fact, I think it’s dumb to fire him unless you know for a fact that the person replacing him is going to take the company in a new direction. But in the end it’s the UAW that is going to need fired. From what I hear that’s about 60 days down the road…