Interesting - some newscasts are suggesting Obama may have had a personal hand in Wagoner's ousting. That it was more than just an internal decision on GM's part.
Others are calling Wagoner a scapegoat.
Chrysler evidently has to hurry up and finalize a deal with Fiat, or they may also face Obama's ire.
Check out these quotes from an AP story about Wagoner's firing:
But Wagoner is now a high-profile casualty of government intervention, forced out as part of the Obama administration's sweeping last-ditch effort to save the century-old auto giant.
The management shake-up, according to several industry analysts, shows that the administration is serious about forcing GM to change more quickly and dramatically than it did during Wagoner's nearly nine-year tenure as CEO.
http://enews.earthlink.net/article/top?guid=20090329/49d051d0_3421_1334520090330-1847018343
So is Obama calling the shots in Detroit, or am I simply misinterpreting what's written here?
