GM CEO Rick Wagoner "Has to Chuckle" at Bailout
Published: September 30th, 2008
Share
More by Robert Farago
Comments
Join the conversation
The CEO Club is so incompetent they can run companies that are performing great right into the ground! I love when they get put into a total disaster situation like GM, make the scenario worst and then walk away with millions! If the "regular" mid-level exec in America performed vs goal like these guys, they be fired (and EXPECT to be fired!)...I need one of these crazy Sr Exec jobs! The Feds bailing everyone out jobs adds to my amazement...then I see my taxes and it adds to my anger...
translation(s): "I have to chuckle at the notion that I am guilty of reaping millions while running the symbol of American industrial might into the ground. I have to chuckle at the amount of money they'll pay me once I abandon this dumpster-fire. I have to chuckle at the way my buds on the board back my every move. I have to chuckle that the govt is so stupid as to entrust money to me and my posse when we are the very ones responsible for GM's woes." ...and so on...
It's funny if you watch his facial expressions during the video. He has a nervous eye twitch and a stutter, and he talks out of the corner of his mouth.
How do I get one of these jobs... ? This man is obviously completely clueless. Holy crap how could we, as a nation, allow our largest corporations to be operated by buffoons like Wagoner ? And Nardelli? C'mon, he damn near rolled Home Depot, at one time one of the best companies in the US... into the ground! How do these clowns make the connections they make to secure these jobs? I want to know !