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"Government Motors" indeed: Robert Ferguson, named today by GM to the new position of "vice...

  • Tuesday, October 9, 2012, 6:25 PM ET
    "Government Motors" indeed: Robert Ferguson, named today by GM to the new position of "vice president, global Cadillac," is not a “car guy” - he's a government guy, joining GM in 2010 and serving as GM’s chief lobbyist in D.C. But given recent trade tensions between the U.S. and China, his government relations skills could come in handy.
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  • The more government intervenes in the private market the more distortions are created putting a cap in innovation and thus future productivity. All leads to a detrimental state of affairs in which those who are well connected win.
    10 Oct 2012, 02:16 AM Reply Like
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