December 7, 2008

GM bosses to loose jobs

Story link: GM bosses to loose jobs

 

Its not necessarily the wisest of choices, after all the only reason for General Motors current financial hard ship is the fact that the whole world is subject to a financial meltdown and its only natural that the auto sector will be hit hard.

GM bosses to loose jobs

 

 

 

U.S. Senate Banking Committee Chairman Christopher Dodd said on Sunday that the General Motors CEO Rick Wagoner should step down if the company receives emergency government loans.

    ”I think he has to move on,” Dodd said on CBS’s “Face the Nation.”

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