Obama: “Wagoner Out! Sbarro In!!!”
President Barack Obama announced his replacement for GM CEO Rick Wagoner today. In a surprise move, he named Peter Beaudrault, CEO of Sbarro, Inc. to head the embattled carmaker. “I am encouraged by the Chrysler’s efforts to merge with Fiat so naturally, I’ve been searching long and hard for another Italian company to merge with GM” The $600 million company is best known for it’s food court presence in shopping malls.
April 6, 2009 | Posted in Breaking news | Read More »
