Can Wagoner Outlast GM's Loss?

GM seems to be so used to bad news that not even a $39 billion hit can loosen CEO Rick Wagoner's grip on the company. Here's why
General Motors chief Rick Wagoner has had some notable successes in 2007. Chip Somodevilla/Getty Images

Over the past few weeks, two major Wall Street firms announced huge losses and in a matter of days, their CEOs were shown the door.

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