Now that the Treasury Department is peddling its remaining General Motors Co.
shares on the open market, I suspect I speak for more than a few people when I say, "please hurry up."
Why? Because the inane browbeating coming from Republicans in Congress is absurd, starting most recently with Michigan's own Kerry Bentivolio. He's the new lawmaker from Milford who this week took the opportunity of a House Oversight and Government Reform Committee hearing on the compensation for GM executives to wonder why "we … are rewarding failure?"
Let's be precise, Congressman, a rare commodity in the gotcha culture of public hearings on Capitol Hill: you aren't.
None of the people leading GM today — not Chairman Dan Akerson, not Vice Chairman Steve Girsky, not Chief Financial Office Dan Amman, not a majority of GM's outside directors was at the wheel when Detroit's No. 1 automaker careened in the federally induced bankruptcy.