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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.

Edward Whitacre, Jr.

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Author Profession: Businessman
Nationality: American Quotes
Born: November 4, 1941

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