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. [...]

Source: http://rumors.automobilemag.com/ed-whitacre-to-u-s-government-sell-gm-shares-as-quickly-as-possible-171257.html

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