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Monday
Jun012009

Obama Administration Has No Interest In Running General Motors

By Michael Combier-Talk Radio News Service

President Barack Obama announced that even though the federal government will invest $30 billion to restructure the new General Motors, his administration has no interest in running GM which will be run by a private board of directors and a team of management. With this investment, the American taxpayers will own 60 percent of the new GM. (2:24)
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