According to The Detroit News, General Motors has been asked to stop destroying electronic documents by the U.S. House Oversight Committee. Representatives Darrell Issa (R-California) and Jim Jordan (R-Ohio) have sent a letter to GM CEO Ed Whitacre requesting that the company to halt its policy of destroying all electronic documents after 60 days for fear that evidence pertinent to investigations concerning the company's repayment of federal loans is being erased. In the letter, neither Issa nor Jordan point to any specific instance where theoretically deleted evidence could have been helpful in the committee's investigations.
GM has found itself in the crosshairs of a number of queries from the House Committee on Oversight and Government Reform, including everything from the reasoning behind the choice of certain new plant locations and a supposed secret agreement to help support new fuel-economy standards proposed by the Obama administration to the company's ads bragging about full repayment of its government loans.
At this point, it's difficult to tell whether this is a political witch hunt or two senators doing their best to keep an eye on GM's activities. Either way, we can pretty much say so much for the government staying out of the carmaker's day-to-day business.
[Source: The Detroit News]
GM has found itself in the crosshairs of a number of queries from the House Committee on Oversight and Government Reform, including everything from the reasoning behind the choice of certain new plant locations and a supposed secret agreement to help support new fuel-economy standards proposed by the Obama administration to the company's ads bragging about full repayment of its government loans.
At this point, it's difficult to tell whether this is a political witch hunt or two senators doing their best to keep an eye on GM's activities. Either way, we can pretty much say so much for the government staying out of the carmaker's day-to-day business.
[Source: The Detroit News]
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