Search SEARCH

should a president (of the USA) have the power to remove a CEO of a company?

...i dont know... that is borderline Mussolini stuff.... im glad i got a wide range of answers! good to know there are actual capitalists out there still =) CEO means Chief Executive Officer, toenail.

Asked By: Cody - 4/22/2009
Best Answer - Chosen by Asker
Executive privilege affords considerable powers under the Constitution. Bear in mind that a President of the USA is the apex of representation for the entirety of the people of the United States -- all the people's power is manifested and focused like light passed through a magnifying glass, bringing outrageously... More
Answered By: path less travelled - 4/22/2009
Additional Answers (25)
No. Dictator Hussein Obama is mad.
Answered By: Joe - 4/22/2009
 
What he actually said was if they wanted the bailout money, the CEO had to go. There IS a difference.
Answered By: Anna P - 4/22/2009
 
if an employee has the power to terminate the store director, then why not!
Answered By: Turbo - 4/22/2009
 
no, the government should not control businesses.
Answered By: Natatata - 4/22/2009
 
Yeah, if the company and the company's finances are affecting (harming) the entire country.
Answered By: doobiedoobiedoo - 4/22/2009
 
what does CEO mean?
Answered By: ToniL - 4/22/2009
 
No unless the company wants taxpayers money I personally don't care because its your money
Answered By: Love Canada. - 4/22/2009
 
F no! That was unbelievable!
Answered By: Melissa - 4/22/2009
 
Of course, especially if that company is getting bailed out by the government. .
Answered By: U.S.Veteran - 4/22/2009
 
Absolutely not. It's a slippery slope we're on, but some people won't open their eyes 'til they hit the bottom.
Answered By: There - Take That - 4/22/2009
 
If the company is alive because of my tax dollars then yes.... However I don't believe we should have bailed out companies.......
Answered By: wondermom - 4/22/2009
 
if your talking about gm he doesn't and he didn't read and understand
Answered By: Lord Percywooster Xiv - 4/22/2009
 
no. thats a private matter. people who made poor choices need to live with the results, its not the governments job to bail them out. unless the CEO broke the law the Government should not interfere at all. the purpose of government is to protect the rights of the people. not provide for them.
Answered By: payton - 4/22/2009
 
no
Answered By: rightwing radical 1 - 4/22/2009
 
Obama did not remove the CEO of the company, he simply bribed the company with bail out money until they had to remove the CEO
Answered By: seavince82 - 4/22/2009
 
Mussolini did not hesitate laying siege to towns, using torture, and getting women and children as hostages to oblige suspects to give themselves up... More
Answered By: bash - 4/22/2009
 
Yes, if taxpayer funds were used to bail out that company. Just consider him the Supreme President of those companies. If they don't like it refuse the money like Ford did and move on.
Answered By: King Midas - 4/22/2009
 
I assume you are talking about GM. In that specific situation, the US government loaned large amounts of money to GM and was given right of 1st lender. This made the US Govt a major creditor of GM. Major creditors of any corporation wield huge influence over the corporation. This is what the President did. He didn't do... More
Answered By: AJ - 4/22/2009
 
No - that's not what our country was founded on, nor survives on. We have laws on the books to remove criminals and publicly owned companies have stock holders that the board of directors and the officers of the company have to live up to their expectations to stay in power. The President's job is not to deal with... More
Answered By: bbisdpspec - 4/22/2009
 
In the case of the GM CEO, yes. But in a normal situation where the company is not relying on government/taxpayer money, no.
Answered By: toms1266 - 4/22/2009
 
Mussolini was all about taking out political rivals and pretty much ruining a government so it can be easily taken over. President Obama is trying to strengthen our government and our economy and anything else he can get his hands on... More
Answered By: roz s - 4/22/2009
 
Nope, but he took that power.. scary stuff huh?
Answered By: Brian C.K. - 4/22/2009
 
no its called BIG government. A CEO has either built their company or showed true dedication to it. mr obama is an idiot. IMPEACH and remove from office im sick of this guy.
Answered By: Lexi - 4/22/2009
 
NO! That's my FINAL answer!
Answered By: Happy Schipperke - 4/22/2009
 
Hell NO !!! He is only good at guaranteeing car warranties. d**n what has our country come to?
Answered By: nissanman678 - 4/22/2009
 
Sponsored results
Over 483 Local Jobs Now Hiring In Your Area. $18-$87/Hr - Apply Today!
Jobs.Quick-com
Click. Search. Apply. Free!
www.JobDiagnosis.com
Jobs hiring near your local area. Part-time, Full-time, Work at home.
www.HiringLocally.com
Sobre 287 Trabajos en tu area. $15-87/hora - Aplica Ahora.
JobsToLatinos.com

Other Career Questions

Jobs
1 answers - Asked By: - 4/5/2013
Job
6 answers - Asked By: - 3/7/2012
What jobs are there in the business field that are night jobs? Places and job titles please. Im have a BA in Business Admin and looking for a night job, already have a morning/day job.
4 answers - Asked By: Mark L - 7/26/2008

Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.

Popular Articles

Best-Paying Work-from-Home Jobs Article Rating
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook Article Rating
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
For Employers: Post Jobs | Search Resumes | Advertise
About Monster | Work for Monster | Advertise with Us | AdChoices | Partner with Us | Investor Relations | Social Media
Terms of Use | Privacy Center | Accessibility Center | Help | Security | Contact Us | Sitemap | Mobile
©2014 Monster - All Rights Reserved U.S. Patents No. 5,832,497; 7,599,930 B1; 7,827,125 and 7,836,060 MWW - Looking for Monster Cable? - V: 2014.1.40.24-311
eTrustLogo