Is it true?

[phantom power]

Is it true that Wagoner is Spending Time With His Family?

[OKIsItJustMe]

1. Wagoner, With Knack for Survival, Finally Hits a Dead End

http://online.wsj.com/article/SB123837521017568079.html?mod=googlenews_wsj

MARCH 30, 2009

Wagoner, With Knack for Survival, Finally Hits a Dead End

By JOHN D. STOLL

After hanging onto his job amid nearly decade of turmoil and criticism, General Motors Corp. Chief Executive Rick Wagoner is being forced to resign by a presidential administration that has been in place fewer than 90 days.

In nine years as chief executive of GM, Mr. Wagoner presided over staggering losses of money and market share -- and for the last three years had faced persistent calls for his head.

But Mr. Wagoner had fended off all critics until GM squared off with President Barack Obama's auto task force. On Friday, Mr. Wagoner met with the head of the task force, Steven Rattner, and learned the government was pushing for a change at the top of the auto maker as it considered extending it more loans, a person familiar with the matter said.

Mr. Wagoner's decision to step down leaked out on Sunday, catching even some top executives at the company off guard.

…

[monmouth]

2. With a nifty $20 million retirement package. Poor thing...n/t