Executives

Hard-charging Charles Wilson ran GM -- and then the Pentagon

Charles Wilson took a $577,500 pay cut to join the Eisenhower administration.
MB
By:
Marti Benedetti
September 14, 2008 05:00 AM
Quote, misquote

For half a century, Charles Wilson's name has been associated with one of the most famous lines a GM executive didn't say.

THE MISQUOTE

"What's good for General Motors is good for the country."

WHAT HE REALLY SAID

"For years, I thought that what was good for our country was good for General Motors and vice versa."

Charles Wilson — known as "Engine Charlie" — was surprised but not daunted when he took his first look at the conglomerate that President Eisenhower had picked him to run.

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