Ask questions via twitter! Message any question to @answers on twitter. We'll publish the question and send you a reply each time there's a new answer.
Next Question

Answered Question

 
M$1.00  Funded By Mahalo ? |  March 12, 2009 10:33 AM

One a scale of (1-10) 10 being the highest rating, how do you rate GM CEO Rick Wagner's performance?

http://www.mlive.com/business/index.ssf/2008/04/gm_ceo_rick_wagners_2007_compe.html

General Motors Corp. Chairman and CEO Rick Wagoner's compensation package for 2007 was valued at $15.7 million

http://www.theautochannel.com/news/2007/04/27/045752.html

GM Looses $2,000,000,000 (That's $Billion) CEO Wagner Recieved $10 Million in Pay In Sopite of 25% Base Pay Cut

Has Rick Wagner earned his money?
Interesting Question?  Yes (0)   No (0)   
RSS
 
 

Best Answer  Chosen by Asker

 
March 12, 2009 07:51 PM
I would rate his performance as about a 1. Of the "Big Three", only GM and Chrysler needed bailouts, and of those two, only GM needed more than one. For years, GM has decided that, rather than spending money to come up with innovative new automobile technology, they decided to keep doing what they were doing. It took the recession to make them realize that in order to keep business they needed to improve their cars. Now their base market is vanishing and they're are collapsing. Also, in 2007 they had a higher sales margin than Toyota, but last year in 2008, Toyota edged them slightly. The only good thing GM's CEO did for his company in the last couple years was to get the bailout from Congress.
Asker's Rating:
• The UAW contributed heavily to the democratic party. A bailout was expected.


Helpful Answer?  (0)   (0)    Tip chazzyfen for this answer
Permalink | Report
   Reply  
 
 

Answer this Question

How tips and payments work

This question has already been resolved. You may add an answer to it but you will not be eligible to win best answer or any associated tips.

Ask a Question


140 characters left
Top of Page
Buy Mahalo Dollars with Credit Card or PayPal

Top Members

This Week All Time
  • buddawiggi
    buddawiggi
    2nd Degree Black Belt
    26710 Points
    M$774.34 Earned
  • kty2777
    kty2777
    Purple Belt with a Brown Tip
    5216 Points
    M$196.67 Earned
  • opher
    opher
    Purple Belt
    3852 Points
    M$152.92 Earned
   See All
 

Most Popular Tags

mahalo(1572)
iphone(460)
music(458)
google(347)
food(312)
online(288)
beer(277)
money(260)
movies(252)
apple(249)
aotd(235)
health(217)
video(201)
free(200)
dog(200)
   See All
 

Categories

Welcome New Members


 
 
Mahalo Dollars are the currency of Mahalo Answers.

Each Mahalo Dollar costs $1.

Once you earn more than 40 Mahalo Dollars, you can request to be paid via PayPal. Each Mahalo Dollar is currently worth $0.75 when paid out via PayPal. Learn More

 
 

Please log in to use this function.