GM CEO Rick Wagoner gets his priorities straight, using today's press conference to explain why COO Fritz Henderson was wearing a sweater and no tie, before hinting at CFO Ray Young's swinging lifestyle.

One may be concerned General Motors isn't taking the White House bailout seriously, but they've learned the hard way appearances do matter. Here's a radical suggestion: no more "Casual Fridays" until you turn things around. The Carpocalypse demands your obedience and neckties.

Also see Gawker's take on GM dress wear!