GM Chief Wants Americans to See 'a Fantastic Return'

As the country's largest automaker works to emerge from its newly-declared bankruptcy, it will aim to make money for the U.S. taxpayer, General Motors CEO Fritz Henderson told ABC News today. Under an agreement reached with the Obama administration, the government will invest $30 billion to support the restructuring of GM, which filed for bankruptcy this morning. The move will give American taxpayers more than a 60 percent stake in the company. "I want them to get a fantastic return on this...Full Story
Commenting on this article is closed.