New GM CEO: 'Yes, We Made Mistakes'

General Motors' new chief executive, company veteran Fritz Henderson, told ABC News today about the changes that will come fast and hard after President Obama's scolding. The new man in GM's hot seat concedes that is the price they must pay for taking taxpayer dollars. "We've faced extremely difficult situations here certainly in the last 12 months, and it frankly uncovered the fragility of the company," Henderson said. "And so, yes, we made mistakes." Henderson added that "there is more...Full Story
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