Monday, March 30, 2009

The hidden time bomb in the GM deal

The Board of Directors of GM is also getting fired.

If I understand the way the game is supposed to be played, the job of the Board of Directors is to make sure the CEO is doing their job. Hmmmm....

Gosh, it's tough to be a global these days. It would be alot easier if everybody did their jobs.
An Ultimatum for Carmakers From Obama - NYTimes.com:
"Along with Mr. Wagoner’s ouster, the task force said most of the company’s board would be replaced over the next few months."

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