Rick Wagoneer Stepping Down at GM - The Supercar Registry

03-30-2009, 11:11 PM

MrsBillyBobcat MrsBillyBobcat is offline

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Re: Rick Wagoneer Stepping Down at GM

[ QUOTE ]
He's probably using his nice golden parachute to soften the landing.

[/ QUOTE ]

I heard he's not getting one.

From today's Detroit News:

"Wagoner, who had agreed to work for $1 a year, is barred from getting a golden parachute or a big severance package under the terms of the government's Troubled Asset Recovery Program."

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