GM's Wagoner to quit under U.S. pressure as 2nd bailout nears image
General Motors CEO Rick Wagoner will resign under pressure from the Obama administration as the government prepares to announce Monday a second bailout for the company and Chrysler LLC. Wagoner, a career GM executive and CEO since 2000, is stepping down as the top U.S. 5:29 pm U.S. ET | March 29 | UPDATED: 3/29/09 8:35 p.m. ET Comments [45] | Recommended [15]
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