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Sunday, February 07, 2010

A Bailout Conflict of Interest?

Is it a conflict of interest for the institution that is now the primary owner of General Motors to be the same institution that has the power to determine whether the automobiles of its competition are safe? When the Secretary of Transportation tells a House committee that owners of recalled Toyotas shouldn't be driving them and perhaps unnecessarily scares people off from buying them in the future, is there a conflict of interest due to the business that will likely send GM's way?'

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