Comments on: BREAKING: GM’s CEO Wagoner Steps Down at Obama Request/Demand http://www.leanblog.org/2009/03/breaking-gms-wagoner-steps-down-at/ Mark Graban's leanblog.org - Lean Healthcare, Lean Thinking, Lean Manufacturing, Toyota Production System Fri, 10 Feb 2012 10:01:31 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Adam_Zak http://www.leanblog.org/2009/03/breaking-gms-wagoner-steps-down-at/#comment-4753 Adam_Zak Thu, 02 Apr 2009 17:14:00 +0000 http://leanblog.bigbigdesign.net/2009/03/breaking-gms-ceo-wagoner-steps-down-at-obama-requestdemand/#comment-4753 Regarding head of UAW stepping down. "Brother" Ron has already announced his retirement, so he is in effect stepping down. <br/><br/>How this will affect contract negotiations with Chrysler and GM is quite uncertain. Brother Ron has very little to lose in taking a hard line in order to preserve UAW benefits. But he may want to avoid risking his legacy and becoming the UAW official who forced GM into Chapter 11. This will be interesting to watch.<br/><br/>Adam Zak Regarding head of UAW stepping down. “Brother” Ron has already announced his retirement, so he is in effect stepping down.

How this will affect contract negotiations with Chrysler and GM is quite uncertain. Brother Ron has very little to lose in taking a hard line in order to preserve UAW benefits. But he may want to avoid risking his legacy and becoming the UAW official who forced GM into Chapter 11. This will be interesting to watch.

Adam Zak

Like or Dislike: Thumb up 0 Thumb down 0

]]> By: Anonymous http://www.leanblog.org/2009/03/breaking-gms-wagoner-steps-down-at/#comment-4752 Anonymous Thu, 02 Apr 2009 11:31:00 +0000 http://leanblog.bigbigdesign.net/2009/03/breaking-gms-ceo-wagoner-steps-down-at-obama-requestdemand/#comment-4752 Why doesn't the head of the UAW have to step down, my brothers and sisters? Why doesn’t the head of the UAW have to step down, my brothers and sisters?

Like or Dislike: Thumb up 0 Thumb down 0

]]> By: Mark Graban http://www.leanblog.org/2009/03/breaking-gms-wagoner-steps-down-at/#comment-4744 Mark Graban Mon, 30 Mar 2009 23:52:00 +0000 http://leanblog.bigbigdesign.net/2009/03/breaking-gms-ceo-wagoner-steps-down-at-obama-requestdemand/#comment-4744 I heard an analyst say the stock was down 25% because of the talk of potential bankruptcy. It's hard to isolate a single variable of why the stock price went down. I heard an analyst say the stock was down 25% because of the talk of potential bankruptcy. It’s hard to isolate a single variable of why the stock price went down.

Like or Dislike: Thumb up 0 Thumb down 0

]]> By: Anonymous http://www.leanblog.org/2009/03/breaking-gms-wagoner-steps-down-at/#comment-4743 Anonymous Mon, 30 Mar 2009 22:44:00 +0000 http://leanblog.bigbigdesign.net/2009/03/breaking-gms-ceo-wagoner-steps-down-at-obama-requestdemand/#comment-4743 Obviously the shareholders thought it was bad for the company driving the stock down 25 percent. So much for letting the shareholders vote. Obviously the shareholders thought it was bad for the company driving the stock down 25 percent. So much for letting the shareholders vote.

Like or Dislike: Thumb up 0 Thumb down 0

]]> By: David http://www.leanblog.org/2009/03/breaking-gms-wagoner-steps-down-at/#comment-4741 David Mon, 30 Mar 2009 13:16:00 +0000 http://leanblog.bigbigdesign.net/2009/03/breaking-gms-ceo-wagoner-steps-down-at-obama-requestdemand/#comment-4741 Interesting that a hard line is being taken with Wagoner/GM, but a much softer line was taken in the banking industry...Ken Lewis of BAC, for instance, is still very much with us.<br/><br/>Any thoughts as to the reasons for this different treatment? Interesting that a hard line is being taken with Wagoner/GM, but a much softer line was taken in the banking industry…Ken Lewis of BAC, for instance, is still very much with us.

Any thoughts as to the reasons for this different treatment?

Like or Dislike: Thumb up 0 Thumb down 0

]]> By: Anonymous http://www.leanblog.org/2009/03/breaking-gms-wagoner-steps-down-at/#comment-4740 Anonymous Mon, 30 Mar 2009 11:12:00 +0000 http://leanblog.bigbigdesign.net/2009/03/breaking-gms-ceo-wagoner-steps-down-at-obama-requestdemand/#comment-4740 WSJ is reporting a majority of directors are being forced out too. WSJ is reporting a majority of directors are being forced out too.

Like or Dislike: Thumb up 0 Thumb down 0

]]>