Cop-out: AP Reporter Swallows Claim that GM's R&D Was Set Back a Year

Tom Blumer
January 11th, 2011 10:26 PM
Man, it is getting really deep around here -- and no, I'm not talking about the snow, though there is no shortage of it here in Southwestern Ohio. What's really deep is the claim by current Government/General Motors Chairman and CEO Daniel Akerson that because of the company's government-engineered, unsecured bondholder-shortchanging trip through bankruptcy, "we lost roughly a year in terms…