Obama and GM: You Break It, You Own It

Morris, Dick; McGann, Eileen
April 2009
Human Events;4/6/2009, Vol. 65 Issue 13, p6
The article focuses on the responsibility of U.S. President Barack Obama to automobile manufacturer General Motors. It notes that Obama has ordered for a restructure of the board in exchange for the additional financial Troubled Asset Relief Program (TARP) aid requested by the company. It is said that such move will not resolve the crisis faced by the company. In the authors' opinion, Obama does not realize that he stands as the determining factor in the success of the company after having the government takeover the company.


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