Corker ‘Vindicated’ by GM After Pressing Demands on Automakers
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Senator Bob Corker, the Tennessee Republican who shaped the government’s demands of automakers in exchange for $82 billion of taxpayer money, said he feels “vindicated” by General Motors Co.’s initial public offering.
“I know I’m not very popular in Michigan,” Corker said yesterday in a telephone interview. “But our involvement in this transaction in the beginning refocused Washington in such a way that demands were made for the company to do the things necessary for success.”