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Sunday, September 23, 2012
Ed Whitacre to U.S. Government: Sell GM Shares as Quickly as Possible
Former GM CEO Ed Whitacre has urged the Obama administration to offload its remaining shares in the company in a new opinion piece published in The Wall Street Journal. At the moment, the U.S. government holds 26.5 percent of GM, and stands to lose around $14 billion if the shares were sold at today?s prices. [...]
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