Change! Obama Fires GM CEO Rick Wagoner
Obama just canned the CEO of General Motors?
The Politico reported:
The Obama administration asked Rick Wagoner, the chairman and CEO of General Motors, to step down and he agreed, a White House official said.
On Monday, President Obama is to unveil his plans for the auto industry, including a response to a request for additional funds by GM and Chrysler. The plan is based on recommendations from the Presidential Task Force on the Auto Industry, headed by the Treasury Department.
And, you thought they only did this in Venezuela!