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The word is he made a statement at an industry show that "being know as GM - "Government Motors" was hurting sales. It is thought that he was asked to leave by the Obama administration.
Bad timing when you have an IPO coming out, but the government has never really been that smart when it comes to business matters. Instability at the top does not breed confidence in the market.
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Ordered 11/08/08....Del. 08/05/2009 Loving every minute of it! Don't hate me because i'm Pretty....  |