Akerson: GM won't pay any more back to the government [1]

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.