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Detroit, 5:28 PM
Sat Dec 5
16 posts in the last 24 hours

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  • posts about #gmceowagoner more →

    Rick Wagoner Rewarded With $20 Million Retirement Package

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    Dsmvwl  Admin  Promote to frontpage Approve user Ban user ×
    Image of DoctorNine DoctorNine
    03/30/09

    In reply to Rick Wagoner Rewarded With $20 Million Retirement Package
    OK. This has been one weird day.

    I really don't know what to say.

    I mean, I really don't know.

    Nada, zip. I got nothing.
     Reply
    DoctorNine was starred DoctorNine was unstarred
    Image of Starlton Heston's Revenge Starlton Heston's Revenge
    03/30/09

    In reply to Rick Wagoner Rewarded With $20 Million Retirement Package
    If Wagoner was black, would he be fired?


    Discuss.

     Reply
    Starlton Heston's Revenge was starred Starlton Heston's Revenge was unstarred
    Image of Cognitive Friction Cognitive Friction
    03/30/09

    In reply to Rick Wagoner Rewarded With $20 Million Retirement Package
    If GM has to file chapter 11 in 60 days, is it possible that Wagoner's retirement benefit payouts would be frozen?


    That would be a delicious irony.

     Reply
    Cognitive Friction was starred Cognitive Friction was unstarred
    Image of If FromaBuick6 has to watch one more Chevy commercial, he's going to punch Howie Long in the face If FromaBuick6 has to watch one more Chevy commercial, he's going to punch Howie Long in the face
    03/30/09

    In reply to Rick Wagoner Rewarded With $20 Million Retirement Package
    Meh, 20 million is peanuts for this sort of thing. Wagoner was by no means a great CEO, but he was hardly incompetent. And he certainly can't take all the blame for a mess that's 40 years in the making.


    The guy's a private citizen that just got canned by the POTUS. And now we want to strip that same individual private citizen of his retirement? Is this Soviet Russia? This is Russia, right?


    I'll be lucky to earn a 10th of that before I retire, but I honestly can't begrudge anybody their income.

     Reply
    If FromaBuick6 has to watch one more Chevy commercial, he's going to punch Howie Long in the face was starred If FromaBuick6 has to watch one more Chevy commercial, he's going to punch Howie Long in the face was unstarred
    Image of OldeEnglishD OldeEnglishD
    03/30/09

    In reply to Rick Wagoner Rewarded With $20 Million Retirement Package
    Rick finally figured out what step #2 was:


    1. Run company to the ground
    2. ?
    3. Profit!

     Reply
    OldeEnglishD was starred OldeEnglishD was unstarred
    Image of OldeEnglishD OldeEnglishD
    03/30/09

    @OldeEnglishD: Answer: Get fired by POTUS
     Reply
    OldeEnglishD was starred OldeEnglishD was unstarred
    Image of damnelantra™ damnelantra™
    03/30/09

    In reply to Rick Wagoner Rewarded With $20 Million Retirement Package
    at least we wont have to worry about GM displaying yet another outdated, poorly performing model...
     Reply
    damnelantra™ was starred damnelantra™ was unstarred
    Image of John Krewson John Krewson
    03/30/09

    In reply to Rick Wagoner Rewarded With $20 Million Retirement Package
    Wow. It's almost as if the best businesspeople lack all conviction, while the worst businesspeople are full of passionate intensity.
     Reply
    John Krewson was starred John Krewson was unstarred
    Image of Captain Liverspots Captain Liverspots
    03/30/09

    @John Krewson:


    Dear Sir,


    I do not agree with this conclusion whatsoever. Please amend it forthwith.


    Sincerely,

    Elon Musk

     Reply
    Captain Liverspots was starred Captain Liverspots was unstarred
    Image of John Krewson John Krewson
    03/30/09

    @Captain Liverspots needs an Alka-Seltzer: Is it my fault that, a century before anyone else, Yeats knew that the wagons could not hear the Wagoner?
     Reply
    John Krewson was starred John Krewson was unstarred
    Image of bzr bzr
    03/30/09

    In reply to Rick Wagoner Rewarded With $20 Million Retirement Package
    He's living the American Dream right there: get as much money as possible while doing as little work as required.


    My photography teacher last semester embodied this Dream, too. He was the most god-awful, hypocritical, unhelpful and cynical man ever to judge a student's creative merits - we never knew what he looked for in a photo, and even when he told us explicitly he still wasn't satisfied. But when it came to end-of-semester teacher evaluations, what could we do? He was the department chair. Even though half the class wrote "I hate photography now, this man is a horrible teacher and a useless sack of shit" (to varying degrees of profanity) he's still around to suck the life out of shooting photos.


    And that's why I stopped dabbling in photography for a while.

     Reply
    bzr was starred bzr was unstarred
    Image of Novaload Novaload
    03/30/09

    @bzr is too lazy to come up with something clever: Well, you put the "sack of shit" in the wrong place. Don't put it in the evaluation, put it in his desk. On his front porch. In his car.
     Reply
    Novaload was starred Novaload was unstarred
    Image of Plecostomus [Tyrrell] Plecostomus [Tyrrell]
    03/30/09

    In reply to Rick Wagoner Rewarded With $20 Million Retirement Package
    *sigh*


    What is this, I don't even...

     Reply
    Plecostomus [Tyrrell] was starred Plecostomus [Tyrrell] was unstarred
    Image of Saboth Saboth
    03/30/09

    In reply to Rick Wagoner Rewarded With $20 Million Retirement Package
    The only golden parachutes these guys deserve is an actual gold colored chute as you boot them out of a plane over a deserted tropical island.
     Reply
    Saboth was starred Saboth was unstarred
    Image of Leeeeena the Jalopchick Leeeeena the Jalopchick
    03/30/09

    @Saboth: How about a parachute actually made of gold?
     Reply
    Leeeeena the Jalopchick was starred Leeeeena the Jalopchick was unstarred
    Image of Mobius Mobius
    03/30/09

    @Leeeeena the Jalopf*ck: It would probably be cheaper as well. And if we send a camera crew down there, we could start a reality TV show and actually make money!
     Reply
    Mobius was starred Mobius was unstarred
    Image of observer observer
    03/30/09

    In reply to Rick Wagoner Rewarded With $20 Million Retirement Package
    This is a classic case of the headline drastically overshadowing the story. Wagoner inherited a deeply flawed company. He did a great job transforming it and keeping it afloat this long. If it wasn't for the carpocalypse GM would have a great shot at a decent future.


    Anybody here remember ?

     Reply
    observer was starred observer was unstarred
    Image of theeastbaykid theeastbaykid
    03/30/09

    @observer: Thanks to my misspent youth as an automotive journalist, I had several dealings with GM corporate, and therefore have a general dislike for GM. Kinda like a certain food that gives you diarrhea. It'll take a pretty good reason to try it again. All of that said, Wagoner did do several good things while at the helm of GM. While he's not an undeserving scapegoat--after all, where the hell are the Camaro and Volt, to name one head-scratcher--the fact that he got the shove before Minimum Bob Nardelli points to a bit of a raw deal. But not one I'll lose sleep over.
     Reply
    theeastbaykid was starred theeastbaykid was unstarred
    Image of Ford Tempo Fanatic Ford Tempo Fanatic
    03/30/09

    @observer: Of course. Wagoner did a spectacular job. Which is why GM is on the brink of bankruptcy.


    I wouldn't hate the man so much if not for the U-Bodies, the re-badging, the 4L60-E, the J-Bodies, and literally no good mainstream cars until 2008MY.

     Reply
    Ford Tempo Fanatic was starred Ford Tempo Fanatic was unstarred
    Image of Marquis de Saab Marquis de Saab
    03/30/09

    In reply to Rick Wagoner Rewarded With $20 Million Retirement Package
    Fine, but force him to change his last name to 'The Dick' if he wants to collect a penny of it.
     Reply
    Marquis de Saab was starred Marquis de Saab was unstarred
    Image of Novaload Novaload
    03/30/09

    @assaab 9993/E666: I'd change my whole name to "The Dick" for $20 mill
     Reply
    Novaload was starred Novaload was unstarred
    Image of X5SoB mourns Farrah X5SoB mourns Farrah
    03/30/09

    In reply to Rick Wagoner Rewarded With $20 Million Retirement Package
    I suppose this is Taxpayer money funding this? Shouldn't he be taxed at 90%?
     Reply
    X5SoB mourns Farrah was starred X5SoB mourns Farrah was unstarred
    Image of BЯдΖǐL-ЯЄРΘЯΤЄЯ BЯдΖǐL-ЯЄРΘЯΤЄЯ
    03/30/09

    @X5SoB, don't need no frackin star: No he should be taxed at 99.986447% and hung in public.
     Reply
    BЯдΖǐL-ЯЄРΘЯΤЄЯ was starred BЯдΖǐL-ЯЄРΘЯΤЄЯ was unstarred
    Image of Leeeeena the Jalopchick Leeeeena the Jalopchick
    03/30/09

    @BЯдΖǐL-ЯЄРΘЯΤЄЯ - wants a Busa V8: That still leaves him with $2710.60, more than enough to buy a Nano. If he can buy a car (or even a "car") with the money he leaves with, it's too much.
     Reply
    Leeeeena the Jalopchick was starred Leeeeena the Jalopchick was unstarred
    Image of elitza owns the last Enzo shirt elitza owns the last Enzo shirt
    03/30/09

    In reply to Rick Wagoner Rewarded With $20 Million Retirement Package
    Ouch. Seems a bit excessive.
     Reply
    elitza owns the last Enzo shirt was starred elitza owns the last Enzo shirt was unstarred
    Image of SirNotAppearing SirNotAppearing
    03/30/09

    In reply to Rick Wagoner Rewarded With $20 Million Retirement Package
    $20 million? That's chump change for a shamed CEO's golden parachute. Somebody help that man!
     Reply
    SirNotAppearing was starred SirNotAppearing was unstarred
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