GM Execs sell all remaining shares |
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Posted: 12 May 2009 at 12:59am |
It's over for GM........
If Lee Iacocca had made Lutz head of Chrysler instead of Robert Eaton, Chrysler wouldn't have been sold to Daimler and wouldn't be in Chapter 11 today. Lee couldn't put the rivalry with Lutz behind him and later admitted he picked the wrong guy after the "merger of equals" with Daimler.
GM's Lutz, five other executives sell all remaining shares
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