Rick Wagoner Rewarded With $20 Million Retirement Package

Illustration for article titled 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.

Those of you who felt it was a long time coming may find the news a little disappointing. ABC News pulled no punches:

Under Wagoner's leadership, GM lost tens of billions of dollars, took billions in taxpayer-financed aid, and announced plans to cut 47,000 employees by the end of 2009

Advertisement

[ABC News]

Share This Story

Get our newsletter

DISCUSSION

starlton-heston-s-revenge-old
Starlton Heston's Revenge

If Wagoner was black, would he be fired?

Discuss.