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A Saga of Decline and Denial

Wall Street Journal Original article ›

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Failure of the Board of Directors to correct a company's course before it goes into bankruptcy- GM (General Motors) to MF Global

01/24/2008

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How Rick Wagoner Lost GM

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A Saga of Decline and Denial

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G.M.’s Board Is Seen as Slow in Reacting to Safety Crisis

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General Motors (GM) sales forecasting failure in 2008-2009 which aggravated the crisis leading to bankruptcy

01/04/2008

Grouped Articles

A Saga of Decline and Denial

Wall Street Journal 06/02/2009

G.M. Lowers 2009 Outlook for All U.S. Auto Sales

New York Times 01/16/2009

December Slump In Vehicle Sales Augurs Ill for '08

Wall Street Journal 01/04/2008

Without a Hit Razr Sequel, Profit Drops for Motorola

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GM's Board of Directors under Rick Wagoner and his predecessors as CEO- the absence of independent directors and different voices

06/01/2009

This is the opposite of what founder Alfred Sloan had setup as the practice of getting different and diverse opinions at board meetings and management meetings. See Sloan's account of his work at GM in his book "My Years With General Motors."

Grouped Articles

How Rick Wagoner Lost GM

BusinessWeek 06/01/2009

A Saga of Decline and Denial

Wall Street Journal 06/02/2009

G.M.’s Board Is Seen as Slow in Reacting to Safety Crisis

New York Times 09/07/2014


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