Memo To Fritz: 'That's It!'

Well, there may be hope yet for that automobile company of which I and my fellow American taxpayers own a majority stake. I'm speaking, of course, of General Motors, which is making good on its vow to shake up its hidebound corporate culture by axing CEO Fritz Henderson, who was a GM lifer.

You gotta feel a little sorry for Fritz since he only had nine months to prove himself and that's not nearly enuf time. But the ax surely fell because of his refusal to bring in outsiders and merely name a new executive time consisting of other lifers.