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

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

 

Read Article

LexusLexus - 9/20/2012 2:14:18 PM
+3 Boost
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.......


PUGPROUDPUGPROUD - 9/20/2012 6:08:29 PM
+2 Boost
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.



lexworldlexworld - 9/23/2012 8:26:42 PM
+2 Boost
...Agent009 you have no life.


lexworldlexworld - 9/23/2012 8:27:45 PM
+2 Boost
...However it is true GM is in trouble once again.
Copyright 2026 AutoSpies.com, LLC