This Wagoner business is interesting--I certainly hope it works, yet it makes me nervous. True, the government does own a large part of GM, and that certainly gave it more of a say in this process of forcing Wagoner to resign. Yet, it still seems quite a risky move on the part of the Obama administration. Additionally, I'd like to know why there has not been more of this type of revamping/cleaning out CEOs in the AIG and banking worlds. If the Federal Government owns nearly 80 percent of AIG at this point--and it has no problem forcing GM's CEO to resign--why can it not do more with regard to those who have not done their jobs on Wall Street? I watched an interesting video on this whole ordeal at newsy.com earlier today. The video summarizes the whole Wagoner mess and gives a few different viewpoints. It's worth watching:

http://www.newsy.com/videos/obama_to_gm_ceo_step_aside/