Megan on GM’s CEO getting the axe:
Rick Wagoner is no managerial genius, but I’m not sure this will actually help much. GM is caught in the jaws of its own structural problems–labor costs, yes, but also its corporate culture, its legacy physical plant, and so forth. Perhaps most perniciously, GM is the victim of a brain drain–it’s difficult to recruit top talent to a dying firm, especially when it’s located in a dying industry.
I get the heebie-jeebies any time a politician makes a business decision.
The Dish 