Sunday, March 29, 2009

GM’s Wagoner Steps Aside After Failing Obama Scrutiny

(CBS News Online)



GM’s CEO Rick Wagoner was asked to resign by the White House. As Tony Guida reports, the news comes on the eve of Pres. Obama’s announcement of more bailout funds for the struggling auto industry.

Related: Canada “comfortable” with U.S. plans on auto industry: Harper. Read more.