The political interference has already started.
12th June 2009
Last week, Rep. Barney Frank (D., Mass.) contacted General Motors CEO Fritz Henderson. He wasn’t happy with GM’s decision to close a distribution center in his district. He asked Mr. Henderson to reconsider.
Mr. Frank controls the funds upon which GM’s survival depends. His request was immediately approved, and the facility will stay open for at least another 14 months.
My, what a surprise. Aren’t you surprised? I’m sure surprised.