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June 8 (Bloomberg) -- President Barack Obama, in less than five months in office, kicked out the head of General Motors Corp., scored a majority stake in Chrysler LLC for the United Auto Workers and stiffened U.S. fuel-mileage standards.
If pushing GM into the largest bankruptcy of a U.S. manufacturer in history wasn’t enough for a first year in office, the 47-year-old president also aims to cut greenhouse- gas emissions and increase health-care spending by $634 billion. His administration is proposing rules for the $592 trillion over-the-counter derivatives market and standards aligning
His administration is proposing rules for the $592 trillion over-the-counter derivatives market and standards aligning bank executives’ pay with long-term performance.