The New York Times profiles GM CEO Richard Wagoner, who is asking for federal bailout money and not considering bankruptcy for General Motors. He also refuses to step down from his post, even if that increases the chances that GM can receive the funds. A Duke and Harvard Business School grad, Wagoner said of the idea that GM should get new leadership in exchange for taxpayer dollars: “I don’t think it’d be a very smart move. I think our job is to make sure we have the best management team to run G.M. It’s not clear to me what purpose would be served.”

Wagoner has become a centerpiece of the Congressional lobbying for a bailout and is scheduled to testify on Capitol Hill this week.