Get SF Weekly Newsletters
Pin It

Politically Driven 

Wednesday, Feb 29 2012
When Dan Akerson joined the General Motors Board of Directors in 2009, GM was being propped up by about $42 billion in federal money. By the time he became CEO in 2010, the company was emerging from Chapter 11 bankruptcy and raised $20.1 billion in an IPO. Akerson speaks tonight as GM’s fall and rise has become a major topic in the presidential campaign. President Obama, in his January State of the Union address, referred to the bailouts as a bet -- one that paid off for the crippled American auto industry. Obama has thrown that back at Republicans who criticize his economic recovery plan. It was a major issue leading up to last week’s Michigan primary, particularly for Mitt Romney, who wrote an opinion piece for the New York Times in 2008 denouncing the auto bailouts and has had a hard time explaining himself since. As for GM and its future, it’s been a rough start for the all-electric Chevy Volt, which has sparked controversy after critics pointed out safety concerns as well as instances of battery fire. So it’s up to GM to prove it didn’t use the federal bailout money to create a clean-energy Edsel in an effort to keep the American auto industry on top. Those of you who love GM might want to show your support in a different way than bringing your Cadillac Escalade. Public transportation is advised, as parking is limited.
Wed., March 7, 6 p.m., 2012

About The Author

Chris Torres

Related Locations


Subscribe to this thread:

Add a comment

Popular Stories

  1. Most Popular Stories
  2. Stories You Missed
  1. Most Popular


  • clipping at Brava Theater Sept. 11
    Sub Pop recording artists 'clipping.' brought their brand of noise-driven experimental hip hop to the closing night of 2016's San Francisco Electronic Music Fest this past Sunday. The packed Brava Theater hosted an initially seated crowd that ended the night jumping and dancing against the front of the stage. The trio performed a set focused on their recently released Sci-Fi Horror concept album, 'Splendor & Misery', then delved into their dancier and more aggressive back catalogue, and recent single 'Wriggle'. Opening performances included local experimental electronic duo 'Tujurikkuja' and computer music artist 'Madalyn Merkey.'"