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more about #gmceo more comments → DoctorNine: 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. more » Starlton Heston's Revenge: If Wagoner was black, would he be fired? Discuss. more » Cognitive Friction: 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. more » If FromaBuick6 has to watch one more Chevy commercial, he's going to punch Howie Long in the face: 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... more » OldeEnglishD: Rick finally figured out what step #2 was: 1. Run company to the ground2. ?3. Profit! more » damnelantra™: at least we wont have to worry about GM displaying yet another outdated, poorly performing model... more » John Krewson: Wow. It's almost as if the best businesspeople lack all conviction, while the worst businesspeople are full of passionate intensity. more » bzr: 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... more » Plecostomus [Tyrrell]: *sigh* What is this, I don't even... more » Saboth: 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. more » observer: This is a classic case of the headline drastically overshadowing the story. Wagoner inherited a deeply flawed company. He did a great job transformi... more » Marquis de Saab: Fine, but force him to change his last name to 'The Dick' if he wants to collect a penny of it. more » X3SoB: I suppose this is Taxpayer money funding this? Shouldn't he be taxed at 90%? more » elitza owns the last Enzo shirt: Ouch. Seems a bit excessive. more » SirNotAppearing: $20 million? That's chump change for a shamed CEO's golden parachute. Somebody help that man! more » -
#carpocalypse
Rick Wagoner Rewarded With $20 Million Retirement Package
Those of you feeling bad for former GM CEO Rick Wagoner, who was deposed of at the White House's behest, may cheer up at the news he qualifies for $20 million in retirement benefits. More »
