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New General Motors CEO Dan Akerson's first bit of big news isn't exactly good news: paying back the taxpayer for loans during GM's dark days is going to take years. How many years remains uncertain, with Akerson saying the company's performance will be the test, since repaying the government in a ...
According to The Wall Street Journal, members of the U.S. Treasury are worried about General Motors' upcoming IPO. They aren't concerned for the automaker's stock price, or how even how many investors may decide to buy into the company – they're concerned about what country the money is ...
Outgoing CEO Ed Whitacre was never supposed to be the long-term chief executive at General Motors. In fact, he never even purchased a home in the Detroit area, instead opting to commute between San Antonio, Texas and a (we're guessing really nice) Detroit apartment. That won't be the case for Dan ...