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CEO Wagoner has lost more money than any CEO ever!


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So, turn it the phuck around and slap the wads of profit in their faces later!

Where the hell is the positive? The media make this world such a $h!ty place to live.

Here's a positive:

History will treat RW a little better than the captain of the Titanic.

On what planet does one live on that RW deserves positive press? Remember, GM wasn't making money in the LARGEST US car market ever! 17 million units a year and the Rickster couldn't get GM making money.

Insanity is defined as doing the same thing over and over, while expecting different results. RW and the Board of Bystanders are beyond insane.

How's that for positive? If all of the unemployed GM'ers (as well as the 100's of thousands that will be on the streets at suppliers and dealers) had the same golden parachute that RW had, I'd be more positive.

Or, how about this: The GM management team is somewhat more competent than Enron's. They're slightly smarter than Chrysler's? They're more honest than Bernie Madoff?

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Here's a positive:

History will treat RW a little better than the captain of the Titanic.

On what planet does one live on that RW deserves positive press? Remember, GM wasn't making money in the LARGEST US car market ever! 17 million units a year and the Rickster couldn't get GM making money.

Insanity is defined as doing the same thing over and over, while expecting different results. RW and the Board of Bystanders are beyond insane.

How's that for positive? If all of the unemployed GM'ers (as well as the 100's of thousands that will be on the streets at suppliers and dealers) had the same golden parachute that RW had, I'd be more positive.

Or, how about this: The GM management team is somewhat more competent than Enron's. They're slightly smarter than Chrysler's? They're more honest than Bernie Madoff?

There, now was that so hard?

My point was that the media thinks this is newsworthy. In wanting to know the best thing to do with my money, I'd be more interested in what is going on in the financial world for succeeding companies in times like this. I'd want to know what they're doing, what they produce, where the demand is and why people should consider investing after seeing a plan on how they will remain viable for years to come. One has to dig to find the better information behind all the useless, 'No $h! Sherlock' dirt that makes headlines the world over.

Edited by ShadowDog
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There, now was that so hard?

My point was that the media thinks this is newsworthy. In wanting to know the best thing to do with my money, I'd be more interested in what is going on in the financial world for succeeding companies in times like this. I'd want to know what they're doing, what they produce, where the demand is and why people should consider investing after seeing a plan on how they will remain viable for years to come. One has to dig to find the better information behind all the useless, 'No $h! Sherlock' dirt that makes headlines the world over.

I agree...the MSM are hopeless sheep---the quality of their reporting is at a historical low (IMO)--and they've missed this story years ago.

Anyone with a vague knowledge of accounting and the ability to read GM's public filings could have seen (and written) about this disaster in the making.

Now its just another part of the overall economic disaster....and negativity brings readers and viewers...like a car crash slowing traffic on the other side of the highway.

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