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I'm not planning to stay until I'm 65 but I think I've got at least a few years left in me ... But I told the last administration that if my leaving would be helpful to saving General Motors, I'm prepared to do it.
Ford . . . redid its entire car line. GM and Chrysler didn't ... Rick Wagoner [at GM] oversaw perhaps the greatest destruction of capital in American history. The difference? Ownership and management.
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German Economics Minister Karl-Theodor zu Guttenberg (L) meets with General Motors CEO Rick Wagoner (R) and General Motors COO Fritz Henderson at the German ambassador's residence in Washington in this March 16, 2009, file photo.
View Photo »General Motors Chairman and CEO Rick Wagoner (C) talks about cost cutting restructuring as COO Fritz Henderson (L) and Vice Chairman Bob Lutz listen during a news conference at GM Headquarters in Detroit, in this file image from Michigan July 15, 2008.
View Photo »General Motors CEO Rick Wagoner arrives for a meeting with German Economics Minister Karl-Theodor zu Guttenberg at the German ambassador's residence in Washington March 16, 2009.
View Photo »German Economics Minister Karl-Theodor zu Guttenberg (L) meets with General Motors CEO Rick Wagoner (R) and General Motors COO Fritz Henderson at the German ambassador's residence in Washington March 16, 2009.
View Photo »German Economics Minister Karl-Theodor zu Guttenberg (L) meets with General Motors CEO Rick Wagoner (R) and General Motors COO Fritz Henderson at the German ambassador's residence in Washington March 16, 2009.
View Photo »German economic minister Karl-Theodor zu Guttenberg left, shakes hands with General Motors Corp. chief executive Rick Wagoner, right, as General Motors Corp. chief operations officer Henderson Frederick, watches at the German Ambassador's residence in Washington, Monday, March 16, 2009.
View Photo »German economic minister Karl-Theodor zu Guttenberg left, shakes hands with General Motors Corp. chief executive Rick Wagoner, right, as General Motors Corp. chief operations officer Henderson Frederick, watches at the German Ambassador's residence in Washington Monday, March 16, 2009.
View Photo »German foreign minister Karl-Theodor zu Guttenberg, right, smiles as General Motors Corp. chief executive Rick Wagoner, left, stands as GM chief operations officer Henderson Frederick, signs in at the German Ambassador's residence in Washington Monday, March 16, 2009.
View Photo »General Motors Chief Executive Rick Wagoner (C) is pictured during a meeting between U.S. President Barack Obama (not pictured) and other business leaders at a hotel in Washington March 12, 2009.
View Photo »General Motors Chairman and Chief Executive Rick Wagoner, right, talks about the company's restructuring plans during a news conference in Detroit, Tuesday, Feb. 17, 2009. At left are Fritz Henderson, center, the automaker's president and COO and Ray Young, left, the company's CFO.
View Photo »General Motors Chairman and Chief Executive Rick Wagoner arrives for a news conference to talk about the company's restructuring plans in Detroit, Tuesday, Feb. 17, 2009.
View Photo »DETROIT, MI- FEBRUARY 17: General Motors Chairman Rick Wagoner speaks at a press conference at the company's world headquarters February 17, 2009 in Detroit, Michigan.
View Photo »DETROIT, MI- FEBRUARY 17: General Motors Chairman Rick Wagoner speaks at a press conference at the company's world headquarters February 17, 2009 in Detroit, Michigan.
View Photo »DETROIT, MI- FEBRUARY 17: General Motors Chairman Rick Wagoner speaks at a press conference at the company's world headquarters February 17, 2009 in Detroit, Michigan.
View Photo »DETROIT, MI- FEBRUARY 17: General Motors Chairman Rick Wagoner speaks at a press conference at the company's world headquarters February 17, 2009 in Detroit, Michigan.
View Photo »DETROIT, MI- FEBRUARY 17: General Motors Chairman Rick Wagoner speaks at a press conference at the company's world headquarters February 17, 2009 in Detroit, Michigan.
View Photo »DETROIT, MI- FEBRUARY 17: General Motors Chairman Rick Wagoner speaks at a press conference at the company's world headquarters February 17, 2009 in Detroit, Michigan.
View Photo »DETROIT, MI- FEBRUARY 17: General Motors Chairman Rick Wagoner speaks at a press conference at the company's world headquarters February 17, 2009 in Detroit, Michigan.
View Photo »DETROIT, MI- FEBRUARY 17: General Motors Chairman Rick Wagoner speaks at a press conference at the company's world headquarters February 17, 2009 in Detroit, Michigan.
View Photo »DETROIT, MI- FEBRUARY 17: General Motors Chairman Rick Wagoner speaks at a press conference at the company's world headquarters February 17, 2009 in Detroit, Michigan.
View Photo »DETROIT, MI- FEBRUARY 17: General Motors Chairman Rick Wagoner speaks at a press conference at the company's world headquarters February 17, 2009 in Detroit, Michigan.
View Photo »DETROIT, MI- FEBRUARY 17: General Motors Chairman Rick Wagoner speaks at a press conference at the company's world headquarters February 17, 2009 in Detroit, Michigan.
View Photo »DETROIT, MI- FEBRUARY 17: General Motors Chairman Rick Wagoner speaks at a press conference at the company's world headquarters February 17, 2009 in Detroit, Michigan.
View Photo »DETROIT, MI- FEBRUARY 17: General Motors Chairman Rick Wagoner speaks at a press conference at the company's world headquarters February 17, 2009 in Detroit, Michigan.
View Photo »DETROIT, MI- FEBRUARY 17: General Motors Chairman Rick Wagoner speaks at a press conference at the company's world headquarters February 17, 2009 in Detroit, Michigan.
View Photo »General Motors Chairman and CEO Rick Wagoner (C) talks about cost cutting restructuring as COO Fritz Henderson (L) and Vice Chairman Bob Lutz listen during a news conference at GM Headquarters in Detroit, in this file image from Michigan July 15, 2008.
View Photo »I'm not planning to stay until I'm 65 but I think I've got at least a few years left in me ... But I told the last administration that if my leaving would be helpful to saving General Motors, I'm prepared to do it.
Ford . . . redid its entire car line. GM and Chrysler didn't ... Rick Wagoner [at GM] oversaw perhaps the greatest destruction of capital in American history. The difference? Ownership and management.
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