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Rick Wagoner

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Rick Wagoner steps down as GM CEO

 General Motors' Rick Wagoner on Monday said he has stepped aside as the chief executive officer of the company after US White House officials asked him to leave the ailing auto maker. "On Friday I......

US govt may oust Citi chief Vikram Pandit

 In what 'might be the pound of flesh some shareholders want', the US may axe Vikram Pandit as the chief executive of banking major Citigroup, says a media report. The New York Post has reported......

Bankruptcy would be fast if needed: GM

 General Motors will move ahead with bankruptcy process at a faster pace if it becomes necessary to restructure the auto maker, its new chief executive Fritz Henderson has said. The chief of the......

US bank bosses could be fired

 US Treasury Secretary Timothy Geithner has said he would not rule out the option of forcing out chief executives of banks which have received taxpayers' money but are not performing well. Geithner......

The biggest CEO firings of 2008

 The bloodletting in the c-suite started in 2007. It still hasn't stopped. Another year goes by and more chief executives get the ax--probably more than in any previous year. People shook their......

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