Dealbreaker Weekend: Obama To Wagoner: You're Fired!

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Mr. Wagoner has been CEO since 2000 and has managed the company through some of its most difficult moments. Over the last four years, GM has reported losses of $82 billion and nearly ran out of money at the end of 2008 before the U.S. Treasury Department provided emergency loans.

GM's Wagoner Will Step Down [The Wall Street Journal]