Ex GM CEO Says Tax Payers Should Take A Loss On GM Shares Because It Labels GM As A Failure

Agent009 submitted on 9/20/2012 Official Bell & Ross Timestamp: 12:30:00 PM

5 user comments | Views : 3,240 | Category: Spy Shots | Source: | SOURCE: www.autonews.com

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The U.

S. government should sell all of its stake in General Motors Co. as quickly as possible, former GM CEO Ed Whitacre said today.

In an opinion piece published in The Wall Street Journal, Whitacre called the Treasury Department's holding a "distraction" for the company, which exited U.S.-funded bankruptcy protection more than three years ago.

 


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Ex GM CEO Says Tax Payers Should Take A Loss On GM Shares Because It Labels GM As A Failure

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Agent009

Honor thy error as a hidden intention.

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User Comments

Lexus

Talk about being the Jokester of the Century? IMAO....... So he want the tax payers to folk up the bill for GM failure?

I got a better ideas how about you and the other overpaid CEO and Executives at GM share some of that millions you all made with us folks? IMAO.......

— Lexus (View Profile)

Posted on 9/20/2012 2:14:18 PM | reply to this comment | Votes: 3   

PUGPROUD

Let me see, he wants us taxpayers to take it on the chin so the market gives a bump up in the stock so he can make more on his stock options
in retirement ! The guy was a failure as CEO. Don't these people have any shame.

— PUGPROUD (View Profile)

Posted on 9/20/2012 6:08:29 PM | reply to this comment | Votes: 2   

lexworld

...Agent009 you have no life.

— lexworld (View Profile)

Posted on 9/23/2012 8:26:42 PM | reply to this comment | Votes: 2   

lexworld

...However it is true GM is in trouble once again.

— lexworld (View Profile)

Posted on 9/23/2012 8:27:45 PM | reply to this comment | Votes: 2   

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