- Apr 22, 2009
REPORT: Bill Ford, Jr. "shocked" at Wagoner's ousting
Of course, Ford isn't alone in being shocked, but there is quite a range of opinion on the matter: Some say GM taking government loans (as opposed to private sector loans) changed the rules, and the government needed to protect its investment; others say it was government interference. Regardless, the way things are going, we would be surprised if that were the last "shocking" development in the car industry saga.
[Source: The Detroit Free Press]