Comments on: GM CEO Rick Wagoner made $5.5 million in 2008

By: btorrentt

btorrentt — Sat, 21 Nov 2009 07:45:37 +0000

i am trying to get in touch with fredrick the ceo for gmc……i have a situation and i need help i need for someone in a higher position to contact me in regards to my 2006 chevy cobolt. i purchased from gillispie auto in chicago, illinois and now they went out of business…..i need help because i purchased the auto as new and i found out that it was purchases before me and had an accident …when i took my car in for service after 3 yrs. i needed info on the auto and they couldn't provide me with any. btorrentt@yahoo.com

By: btorrentt

btorrentt — Fri, 20 Nov 2009 23:45:37 +0000

By: GMfan87

GMfan87 — Fri, 06 Mar 2009 23:23:15 +0000

unfortunately thats how the corporate world rolls….sucks for these guys that they have to take all the bad rap for it

the banks havent got half the crap as the auto industry

not defending these guys though, they should still burn for this

By: Hesus

Hesus — Thu, 05 Mar 2009 22:18:14 +0000

the rich get richer,
the bombs never hit yer,
when your down so low.

Wot a greedy pig of a man, but alas he was not alone, and if the share holders agree to these stupid stupid pay packages then its on their heads

By: kabluey

kabluey — Thu, 05 Mar 2009 18:20:36 +0000

Yes and so the government is at fault just like now..and what are we doing for the problem?? Throwing money at it–so “western world.”

By: zermatt

zermatt — Thu, 05 Mar 2009 18:15:10 +0000

And Bernie Madoff’s outside auditors found nothing wrong and he survived several visits from the SEC.

Congratulations to you both.

Just having fun with you...

By: kabluey

kabluey — Thu, 05 Mar 2009 18:02:39 +0000

Oh I don't that would be illegal–and besides I was just audited last year and didn't owe a thing

By: zermatt

zermatt — Thu, 05 Mar 2009 17:47:10 +0000

Oh, I am sure that you are not hiding income. ; )

By: Pat

Pat — Thu, 05 Mar 2009 16:29:31 +0000

there is always time for some crazy GM news in the middle of an auto show

By: kabluey

kabluey — Thu, 05 Mar 2009 16:29:00 +0000

I'm not talking about hiding money zermatt.. My reference is to choosing to take a salary …

In case you didn't know hiding “income” is illegal zermatt, duh lol..

NO he is not out of touch–look around! How many other CEOs are taking huge salaries right now.. lol..

By: zermatt

zermatt — Thu, 05 Mar 2009 15:24:18 +0000

You must not be a publicly held corporation as your outside auditors and board would be looking at your plan to use retained earnings to hide future income with concern.

That is the stuff shareholder suits are made of.

I doubt that Wagoner is looking to the future of Obama's planned tax increases when he is asking the taxpayers to help them out. It is more likely that he is out of touch with reality and what it takes to lead in a crisis.

By: zermatt

zermatt — Thu, 05 Mar 2009 15:17:19 +0000

Is there anyone out there that wants to defend the performance of Wagoner now that you know that he callously took $5 million for himself while he is asking the rest of the GM employees to take pay cuts or to leave the company?

Leadership starts at the top and that is why GM needs a new top.

By: Neil

Neil — Thu, 05 Mar 2009 14:48:59 +0000

With so many people struggling to pay their bills and this guy goes cap in hand and then gets paid this amount

It is hard to swallow – Chapter 11 time for GM

By: kabluey

kabluey — Thu, 05 Mar 2009 14:32:55 +0000

No-no-no! You have to be a CEO to understand a CEO–and the only reason all of these executives are taking these big pays is because Obama is letting the tax breaks expire from the Bush administration..

I'm a taking a huge pay now before I have to pay taxes and when those taxes come back I will feed all of my pay into retained earnings for the company until those tax breaks come back..

By: Dodgeyaussie

Dodgeyaussie — Thu, 05 Mar 2009 13:55:12 +0000

You've got to be fucking kidding me/??

Kill GM now.

By: Kamacurus

Kamacurus — Thu, 05 Mar 2009 13:32:12 +0000

That is a huge paycut but he is still being paid too much when you consider how many people are losing their jobs.