UM: GM

The Wall Street Journal reports that lawmakers are lobbying General Motors’ management regarding the location of plant closings, among other things, now that the government owns a large share of the automaker. The article quotes Gerald Myers, a UM business professor and former chairman of American Motors Corp.: ”What bothers me about what’s happening at GM is the obvious democratization of the company’s management. You can already see GM making decisions in response to outside pressure groups.” [Source]