General Motors Exits Chapter 11, Promises End to Business as Usual, Gets Back to Business as Usual

by Benjamin Domenech on 9:33 am July 10, 2009

Let’s be clear who owns you now: “In an early sign the new board plans to take a more activist approach, top executives have been told to expect directors to interact regularly with top managers, much the same the way private-equity firms take hands-on roles when they restructure ailing companies.” Big Government is watching you.

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