Tag: GM

Business, Politics

Edward Whitacre Jr. Lies **Update: NYT Agrees**

No, General Motors did not pay back its debt to taxpayers. Edward Whitacre is a liar. Instead, Whitacre paid the Visa bill with his MasterCard.  But both cards were issued by the same bank.  So you, the banker, are still on the hook for the full amount. Now we know why Obama hand-picked Ed Whitacre …