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Harvard Business Review article questions GM buyback

By Grey Gardner (originally published by  Detroit Free Press) – The article said by reducing GM’s cash reserves, the company will have less money to invest in new products and technology and reach a fair contract with the UAW later this year. General Motors’ $5-billion stock repurchase is a major loss for American taxpayers and GM’s workers, say two economists in a Harvard Business Review posting Wednesday….

[Cross-posted from Detroit Free Press publication of March 11, 2015.
at http://www.freep.com/story/money/2015/03/11/harvard-business-review-general-motors/70153966/]

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