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Thoughts ? Jerome York, resigns form GM Board Posted by Wil W [Email] (#1148) [Profile/Gallery] (more from Wil W) on Fri, 6 Oct 2006 14:10:27 Members do not see ads below this line. - Help Keep This Site Online - Signup |
From todays WSJ online:
"Jerome York, an ally of influential investor Kirk Kerkorian, abruptly resigned as a director of General Motors Corp., in an attack against the Detroit auto maker's management."
Kerkorian hasn't happy with GM management and after the Nissan, Renault, talks stop his board representative resigns. He owns ~10% of GM and wanted to buy up to 12% before, but now it seems like that isn't going to happen. Wonder what's next for GM. Thoughts?
Wil
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