Category Archives: States
Lamb Chop
Jennifer Granholm, the two term Canadian governor of Michigan, called former GM CEO Rick Wagoner a sacrificial lamb. The Wall Street Journal, which never agrees with Granholm, agreed. But on the op-ed page Paul Ingrassia, a former Detroit bureau chief for the paper said the sacrifice was long overdue since the stock price had dropped from $70 to under $3 on Wagoner’s watch. Actually it closed at $1.94 today, which is down from the $53.40 high of the Granholm reign. Perhaps more sacrifice is in order.
