A former head of the federal agency that regulates vehicle safety admonished General Motors on Thursday for delaying a recall of more than 1.3 million vehicles that had a deadly defect for years.
Ralph Nader has written a letter to President Barack Obama, urging him to delay General Motors' IPO. According to The Detroit News, his fear is that the automaker is still the "same old arrogant GM" and that the government stands to lose a bundle on the sale of its stock.
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