Management Turnover as Change Agent

Showing posts with label Bailout. Show all posts
Showing posts with label Bailout. Show all posts

Thursday, November 13, 2008

CEO Watch, Rick Wagoner, GM, Update 9

It is rare I find myself in agreement with Silicon Alley’s editor and chief, Henry Blodget.  Today, however, he wrote a short piece on what he believes should be required before the U.S. Government bails out GM.  According to Blodget one of many requirements he would insist on is,

(GM) Management and board gone as soon as strong replacements can be found… 

For all the requirements he lays out before a bailout check his blog piece on Clusterstock. 

For more:

Bloomberg (11/14)