Chevrolet Corvette Stingray C7 Forum - View Single Post - Fox New Just Reported, GM Board of Directors Gone Also.

DeathChill · 03-30-2009, 02:43 PM

I'm not sure how you can try and ignore the SUV point.

"The mistake, again, was not having enough cars to supplement those."

This is not a small mistake. You can't put all your eggs in one basket and then complain when it turns out you picked the wrong basket. GM made a HUGE mistake in that regard and has continually made big mistakes.

Rick Wagoner had EIGHT years to turn the company around and the company is still not doing well (the recession is obviously not helping, but lets be honest the recession only accelerated their problems). Any other CEO would have been ousted A LONG time ago.

I'm not saying Rick Wagoner is a horrible person or horrible businessman, but he's just not the guy GM needs to save the company at the moment.

EDIT: Also, to be clear all of the bailed out banks either have a new CEO or are bankrupt.

03-30-2009, 02:43 PM	#55
DeathChill Drives: 2010 Hyundai Genesis Coupe 2.0T Join Date: Dec 2008 Location: Mission, BC Posts: 862	I'm not sure how you can try and ignore the SUV point. "The mistake, again, was not having enough cars to supplement those." This is not a small mistake. You can't put all your eggs in one basket and then complain when it turns out you picked the wrong basket. GM made a HUGE mistake in that regard and has continually made big mistakes. Rick Wagoner had EIGHT years to turn the company around and the company is still not doing well (the recession is obviously not helping, but lets be honest the recession only accelerated their problems). Any other CEO would have been ousted A LONG time ago. I'm not saying Rick Wagoner is a horrible person or horrible businessman, but he's just not the guy GM needs to save the company at the moment. EDIT: Also, to be clear all of the bailed out banks either have a new CEO or are bankrupt.