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    GM CEO: U.S. Treasury should state plan on GM shares

    Tue, 06/12/2012 - 09:33 EDT - Yahoo! Business News
    • YahooBizNews

    (Reuters) - General Motors Co Chief Executive Dan Akerson said the U.S. Treasury should articulate a plan for the GM shares it owns. Akerson, speaking on CNBC ahead of the Detroit automaker's annual meeting of shareholders, said there are "two dimensions" to the options for the Treasury. "Now, they have to say are they an investor in a traditional sense looking for a return, or do they get a return in the social benefits that came" with government ownership, Akerson said. Those benefits include the salvation of thousands of jobs at GM and the automaker's suppliers. The U.S. ...

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