LA Times: : White House ousts GM chief Rick Wagoner

Free Download LA Times: : White House ousts GM chief Rick Wagoner at Here | by PNG and GIF Basefrom L.A. Times

White House ousts GM chief Rick Wagoner
--------------------

The Obama administration gives the company 60 days to restructure. Chrysler gets 30 days to work out a merger with Italian automaker Fiat.

By Ken Bensinger and Jim Puzzanghera

March 30 2009, 7:04 AM PDT

Reporting from Washington and Los Angeles — In one of its boldest moves yet into a company's corporate affairs, the Obama administration forced out the head of General Motors Corp. over the weekend and prepared to put both GM and Chrysler on a short leash to retool their operations.

The complete article can be viewed at:
http://www.latimes.com/business/la-fi-auto-bailout30-2009mar30,0,2247834.story

Visit latimes.com at http://www.latimes.com