Posted by: mutantpoodle | March 31, 2009

Getting Fired

The EV-1

The EV-1

I can’t work up too much sympathy for Rick Wagoner, the now ex-chief of GM. If private venture capitalists with billions to throw around had bailed his company out, he’d be just as fired, and maybe sooner.

Plus, this is the guy who killed GM’s EV-1 (pictured above) as soon as he could, pulled the cars back from their leases and had them scrapped.

For that alone, he should live out his days riding a bicycle 6 feet behind a slow-moving mid-70’s diesel Mercedes.

And although there’s much less poetic justice to it, I wouldn’t mind if the chairmen of a few of our investment banks joined him in that choking peleton of shame.


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