Quote by: Edward Whitacre, Jr.

TARP is funded by taxpayers, so there are many rules about how that money can and can't be used. The result: GM spends an awful lot of time checking in with the people who administer TARP over everything from hiring to executive compensation and management. For a global company, that adds up to a lot of distraction.


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Author Bio


  • NameEdward Whitacre, Jr.
  • DescriptionAmerican businessman
  • BornNovember 4, 1941
  • CountryUnited States Of America