Archive for the ‘General Motors’ tag

Are the good time on their way?

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Latest news
Lately there has been a lot of talk aboute wether  we are on our way out of the financial crisis. Not only private persons are hoping for the bad times to end also one of the biggest carproducers are GM are hoping that the times will change as well. Lately President Obama gave GM 60 days to improve their financial situation.

What must be done
GM’s director and CEO, Rick Wagoner, has resigned and will be replaced by Fritz Henderson. Kent Kresa become temporary chairman during most of the board replaced before long. GM will have 60 days to implement a restructuring. GM will have financial support to keep the wheels in motion during the period. read more aboute wether it is possible to control the economy here

Written by admin

marts 30th, 2009 at 8:00 pm

Posted in economics

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