Key senator calls for GM head to step down - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

fixxer56 · 12-07-2008, 07:20 PM

http://money.aol.com/news/articles/_...p/267666?cid=5

Inspector 17 · 12-07-2008, 07:27 PM

While it may be true that automaker execs have had their heads in the sand, where are the senators calling for the heads of the executives from the banking and investment industry? These guys are such hypocrites it makes me sick.

99b4c · 12-07-2008, 07:30 PM

Quote:

Originally Posted by camaropete

While it may be true that automaker execs have had their heads in the sand, where are the senators calling for the heads of the executives from the banking and investment industry? These guys are such hypocrites it makes me sick.

chevydude26 · 12-07-2008, 07:32 PM

how about the head of the senate steps down...

*****************************************
*******************

when do you ever see government cut costs! NEVER!!

the nerve of these morons...they are the reason the car companies can't make cars americans want

c.a.f.e stupid regulations....not to mention the unions and their contributions to these politicians

this whole thing is like a big joke and we're in the movie idiocracy...this is what it has to be right

this whole thing is a joke and ashton kutcher is going to pop out and say " you got punked!" right??

Melson · 12-07-2008, 07:47 PM

I would agree 100%

stovt001 · 12-07-2008, 08:07 PM

Wagoner I'm on the fence about. He's done good and he's also made his fair share of mistakes. I can see both arguments.

Nardeli hasn't had time to prove himself at Chrysler yet, and the sad state of Chrysler has essentially be inherited, but I don't hold out high hopes there. There is some good strength in the team under him. He just seems out of place.

Mulally must stay. He's done a fantastic job at Ford and I think he actually deserves a raise.

Agreed with the government leadership needing to go. Now there's a group that's out of touch with good business principles.

Fandango · 12-07-2008, 10:27 PM

Anyone remember the Saving GM on MSNBC? GM's CEO made 25 million and the Company lost 19 million last year. I agree that if GM's CEO goes, All the Wall Street CEO's should go away too.

TJ91 · 12-07-2008, 10:33 PM

Quote:

Originally Posted by Fandango

Anyone remember the Saving GM on MSNBC? GM's CEO made 25 million and the Company lost 19 million last year. I agree that if GM's CEO goes, All the Wall Street CEO's should go away too.

+1

fad1 · 12-07-2008, 10:42 PM

Regardless of what happens, I know for a fact that GM has to restructure.....Even if it means to shed brands. I mean, I know for sure Saturn has to go......

Camaro68 · 12-07-2008, 11:00 PM

Quote:

Originally Posted by camaropete

While it may be true that automaker execs have had their heads in the sand, where are the senators calling for the heads of the executives from the banking and investment industry? These guys are such hypocrites it makes me sick.

SQUALO · 12-08-2008, 09:18 AM

Restructuring from the top is the first step, then lowering labour cost, HAS to be next, if we expect to compete in this market. The imports sales declines are a lot less, than the domestic, and their still opening new plants, especially in Ontario.
Don't get me wrong, I fully support the domestic companies, but we really have to ask ourselves...IS LABOUR REALLY WORTH, THE SO CALLED
$30/hr. especially when the imports are doing it for less?

A comment was recently placed on a Canadian news network website, about the job losses in Ontario. Don't shoot the messanger, as many of you like to do.
This lady commented that when she was let go by GM, she knew the day was coming. It was because SHE knew, deep in her heart that her job was not really worth $30/hr that she was getting and something had to give.

Take this info for what it's worth, but I didn't make this up.

*Camaro_Corvette* · 12-08-2008, 09:21 AM

Quote:

Originally Posted by camaropete

While it may be true that automaker execs have had their heads in the sand, where are the senators calling for the heads of the executives from the banking and investment industry? These guys are such hypocrites it makes me sick.

I can't change the size of this, but this is a very big

BigRigMike · 12-08-2008, 09:33 AM

Quote:

Originally Posted by camaropete

While it may be true that automaker execs have had their heads in the sand, where are the senators calling for the heads of the executives from the banking and investment industry? These guys are such hypocrites it makes me sick.

Why would we want to fire them? The managers at AIG were so good that they are getting a bonus just to stay.

http://www.bloomberg.com/apps/news?p...yZo&refer=home

*Camaro_Corvette* · 12-08-2008, 09:35 AM

OH, I don't wanna hear it. My life will have nothing to do with AIG!

12-07-2008, 07:20 PM	#1
fixxer56 Thin Blue Line Drives: ABM 2LT/RS #10094 Join Date: Oct 2008 Location: SE Pa Posts: 1,386 View My Garage	Key senator calls for GM head to step down http://money.aol.com/news/articles/_...p/267666?cid=5 __________________ One of the "Few Blue"

12-07-2008, 07:32 PM	#4
chevydude26 Drives: Future 2011 camaro convertible Join Date: Jun 2008 Location: New Jersey Posts: 1,257	how about the head of the senate steps down... *************************************** ***************** when do you ever see government cut costs! NEVER!! the nerve of these morons...they are the reason the car companies can't make cars americans want c.a.f.e stupid regulations....not to mention the unions and their contributions to these politicians this whole thing is like a big joke and we're in the movie idiocracy...this is what it has to be right this whole thing is a joke and ashton kutcher is going to pop out and say " you got punked!" right?? __________________ I think i flip flopped on the ss bumper...it looks good man...it really does Last edited by GTAHVIT; 12-07-2008 at 08:56 PM. Reason: No party politics.

12-07-2008, 08:07 PM	#6
stovt001 Drives: 2006 Cobalt, 2004 Taurus wagon Join Date: Oct 2007 Location: California Posts: 3,812	Wagoner I'm on the fence about. He's done good and he's also made his fair share of mistakes. I can see both arguments. Nardeli hasn't had time to prove himself at Chrysler yet, and the sad state of Chrysler has essentially be inherited, but I don't hold out high hopes there. There is some good strength in the team under him. He just seems out of place. Mulally must stay. He's done a fantastic job at Ford and I think he actually deserves a raise. Agreed with the government leadership needing to go. Now there's a group that's out of touch with good business principles. __________________ "It's kind of fun to do the impossible" - Walt Disney There's a great big beautiful tomorrow shining at the end of every day There's a great big beautiful tomorrow Just a dream away

12-07-2008, 10:27 PM	#7
Fandango (In Z/28 Therapy) Drives: 2014 SS Camaro (Sookie) Join Date: Mar 2008 Location: Zephyrhills, FL Posts: 466	Anyone remember the Saving GM on MSNBC? GM's CEO made 25 million and the Company lost 19 million last year. I agree that if GM's CEO goes, All the Wall Street CEO's should go away too. __________________ Jesus said to her, “I am the resurrection and the life. He who believes in me will live, even though he dies; and whoever lives and believes in me will never die.”

12-08-2008, 09:18 AM	#11
SQUALO Drives: CHEVROLET Join Date: Jul 2008 Location: York Region, ONT. Posts: 4,258 View My Garage	Restructuring from the top is the first step, then lowering labour cost, HAS to be next, if we expect to compete in this market. The imports sales declines are a lot less, than the domestic, and their still opening new plants, especially in Ontario. Don't get me wrong, I fully support the domestic companies, but we really have to ask ourselves...IS LABOUR REALLY WORTH, THE SO CALLED $30/hr. especially when the imports are doing it for less? A comment was recently placed on a Canadian news network website, about the job losses in Ontario. Don't shoot the messanger, as many of you like to do. This lady commented that when she was let go by GM, she knew the day was coming. It was because SHE knew, deep in her heart that her job was not really worth $30/hr that she was getting and something had to give. Take this info for what it's worth, but I didn't make this up. __________________ Frank (Drive Safely & Responsibly)

12-07-2008, 07:27 PM	#2
Inspector 17 I love crepes Drives: 2017 ZL1 NGM A10 Join Date: Oct 2008 Location: Maryland Posts: 4,955 View My Garage	While it may be true that automaker execs have had their heads in the sand, where are the senators calling for the heads of the executives from the banking and investment industry? These guys are such hypocrites it makes me sick.

12-07-2008, 07:47 PM	#5
Melson Drives: Wild Cherry Join Date: Nov 2008 Location: Keller, Texas Posts: 430	I would agree 100%

12-07-2008, 10:42 PM	#9
fad1 Drives: Future 5th gen Camaro Join Date: May 2008 Location: Los Angeles California Posts: 1,108	Regardless of what happens, I know for a fact that GM has to restructure.....Even if it means to shed brands. I mean, I know for sure Saturn has to go......

12-08-2008, 09:35 AM	#14
Camaro_Corvette 36.58625, -121.7568 Drives: Team 1LE Join Date: Mar 2008 Location: Earth Posts: 23,709 View My Garage	OH, I don't wanna hear it. My life will have nothing to do with AIG! __________________ I am seriously never serious vv V vv Next order of business