Jul 20, 2009 -
His Lips Moved
"So we are acting as reluctant shareholders, because that is the only way to help GM succeed. What we are not doing, what I have no interest in doing, is running GM."
You know what they say about a politician's moving lips.
This past Thursday, a spending bill was passed in the House.
From the NY TImes:
The appropriations bill, which will finance the Treasury Department and other parts of the government, passed 219 to 208. It includes a provision that would force Chrysler and G.M., both of which are partly owned by the government, to restore franchise agreements for dealers facing closure.
I guess he was hoping the government would wind up not trying to run GM, but maybe that's changed.