Former GM CEOs May Face Senate Grilling

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Thread: Former GM CEOs May Face Senate Grilling

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    Former GM CEOs May Face Senate Grilling

    Former GM CEOs May Face Senate Grilling
    LeftLaneNews
    April 23, 2014
    By: Justin King


    General Motors' fresh CEO Mary Barra has taken most of the flak over the ignition-switch debacle, however former executives may not be immune from public grilling at congressional hearings.

    Connecticut Senator Richard Blumenthal, a former Attorney General, has reportedly called for the company's ex-CEOs to help answer questions about what went wrong under their leadership.

    The legislator suggests GM has failed to answer "a whole set of questions on why there were so many delays in taking action," according to an interview with Reuters. "Of course we have to go back to the prior CEOs."

    Former GM chief Dan Akerson sits at the top of Blumenthal's list of executives to question. Akerson succeeded Ed Whitacre to take the helm in 2010, and made a well-timed exit just weeks before the ignition-switch recall was announced under the new leadership of Mary Barra.

    Full article at link.
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    Re: Former GM CEOs May Face Senate Grilling

    Quote Originally Posted by Article
    Akerson succeeded Ed Whitacre to take the helm in 2010, and made a well-timed exit just weeks before the ignition-switch recall was announced under the new leadership of Mary Barra.
    "well-timed exit"

    Yeah, no kidding...
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    Re: Former GM CEOs May Face Senate Grilling

    I definitely think it would be good for Coke Can Dan, Ed, and Red-Ink Rick to come under scrutiny... surely they all must've been made aware at one point or another.... Wagoner especially since most of the decisions appear to have been made during his tenure.
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    Re: Former GM CEOs May Face Senate Grilling

    Snakes in the snake pit.

    Blumenthal is an utter serpent, and McCaskill is an idiotic opportunist. These ************* deserve each other. I don't expect much out of it, other than Academy Award-class feigned outrage from our incredibly ethical and principled serpents I mean servants.

    I'm sure Coke Can has already practiced his answers. Let me see. I know nussink. I see nussink. I hear nussink.




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    Re: Former GM CEOs May Face Senate Grilling

    GM should be a license to print billions of profit but here we are with a culture
    that lets people do their own thing and put the whole company at risk.

    "it nobody's fault"...... the cry of corporate mismanagement.

    I hope GM survives this and finally sees the need to rebuild it culture and corporate philosophy
    because without that happening, GM is doomed to keep repeating these fiascoes every few years.

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    Re: Former GM CEOs May Face Senate Grilling

    I'd call them all in
    Rick, Fritz, Ed, Dan. Someone is dirty here and it isn't Mary. Getting bad vibes on Akerson.

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    Re: Former GM CEOs May Face Senate Grilling

    Dumb witch hunt, they got rid of Wagoner, for a reason. It they conceded that management was so sh*tty enough to remove the CEO and restructure all this should boil down to GM's former crappy years. Find out what happened within reason, fix the problem and move on. What's funny is I don't hear too many people panicking over it. I haven't seen a barrage of people calling remove their Cobalts from their policies(I work in insurance) because they sold it. In fact I make a point ask people what they think about the Cobalt recall when I notice they have one on their policy, half don't know the other half almost always doesn't care.

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    Re: Former GM CEOs May Face Senate Grilling

    The Senate can subpoena every living former GM CEO and drill them for weeks on end..... all they're going to do is plead the 5th on the advice of their attorneys and we will be right where we are right now as far as answers. Senators have to know this will happen, it's useless to call them as much as we all want to roast them all over an open fire.

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    Re: Former GM CEOs May Face Senate Grilling

    While I was no fan of Akerson and think the public deserves to know what he knew, this problem started far earlier than his reign.

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    Re: Former GM CEOs May Face Senate Grilling

    They should call in the proles who're being thrown under the GMC bus.
    That could get interesting.

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    Re: Former GM CEOs May Face Senate Grilling

    Quote Originally Posted by GHull3 View Post
    While I was no fan of Akerson and think the public deserves to know what he knew, this problem started far earlier than his reign.
    I agree, but his exit was hasty and I definitely smell a set up.

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    Re: Former GM CEOs May Face Senate Grilling

    The CEO's and upper management of any company in the USA that has received any form of government assistance (grants, tax incentives, tax abatements, infrastructure improvements, - the list is almost endless) should be "grilled by Congress" if their company did not operate at 100% efficiency and had any product problems.

    Additionally, any politician who made any campaign promises or promises in office that that did not happen should also be "grilled". Over an open fire would be best.

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    Re: Former GM CEOs May Face Senate Grilling

    I might be crazy to said this but I have to spit it out. Am I the only one to think then it might be a blessing in disguise then Mark Reuss wasn't chosen as GM's CEO with all these problems?

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    Re: Former GM CEOs May Face Senate Grilling

    Quote Originally Posted by goatgary View Post
    I'd call them all in
    Rick, Fritz, Ed, Dan. Someone is dirty here and it isn't Mary. Getting bad vibes on Akerson.
    I tend to agree here. They'll try to throw Mary under the bus and make asses of themselves in the process all to get nothing. I believe Wagoner and Akerson should be scrutinized most especially with the timely retreat of Akerson, that just looks bad.

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    Re: Former GM CEOs May Face Senate Grilling

    Quote Originally Posted by goatgary View Post
    I'd call them all in
    Rick, Fritz, Ed, Dan. Someone is dirty here and it isn't Mary. Getting bad vibes on Akerson.
    Heh, totally forgot about Fritz... good call.

    I'm sure Akerson knew exactly what he was doing walking away when he did.
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