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Old 03-31-2009, 09:16 PM
x  Baldwin  Motion's Avatar
x Baldwin Motion x  Baldwin  Motion is offline
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Default Re: Rick Wagoneer Stepping Down at GM

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

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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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How bout a baloney sangdwich and a low mileage Olds Alero. That seems more than fair to me.
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