I'm sorry folks I'm having a little bit of trouble with this one, I don't feel that it is within Obama's power to ask a person to step down, regardless of bailout loans or not. I think he should have been 'asked' to resign, but not forced. And if they are asking him to resign it should be do or else.
Am I being overly critical because I think this should be a company decision? I think, my personal opinion, is that Obama overstepped his bounds of power as the president.
I think if the company wanted him out, it should have been the company or the board that voted him out, Not Obama.
And who gets to choose the replacement? and I pray to God you don't say obama!