Akerson: GM won't pay any more back to the government

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Detroit Free Press - 12/16/13, Todd Spangler

GM Chairman And CEO Dan Akerson Speaks At National

General Motors Chairman and CEO Dan Akerson speaks at the National Press Club on Dec. 16, 2013, in Washington, DC. Akerson spoke on GM's designing, selling and building of vehicles during his remarks. / Win McNamee/Getty Images


General Motors Chairman and CEO Dan Akerson rejected any suggestion that the company pay an extra $10 billion to cover the gap between taxpayers’ investment and what the U.S. Treasury recovered from selling its GM stock.

In short, Akerson contended Treasury officials took the same risk assumed by anyone who purchases stock.

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