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GM — Into The Second Century At Year 101

gm-logoThere is a very strong probability that a reader of the Tribune is an automotive enthusiast, otherwise it is pretty unlikely that you would be following along with this gear-clashing chaos that is breaking out between Detroit and Washington.  Today the top story in the Wall Street Journal and the Nightly News have the lead story about Mr. Wagoner being let go by Mr. Obama.  From the Tribune’s position that makes total sense because reflecting on history associated with the Titanic, just ask yourself if Captain Smith would of deserved a bonus for hitting the iceberg?  Well, Mr. Wagoner’s company has continued to lose about 1% market share since he became CEO in 2000.

Last month the Tribune reported about the GM crisis.

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