NYT: GM, Treasury lied about bailout repayment

What a shocker.

This article by Gretchen Morrison in the New York Times is significant for two reasons. First, the Times has decided to give this significant coverage, which means the story of GM’s misleading claim of paying back the taxpayer-funded bailout will continue to have some legs. More importantly, it also points the finger at Treasury and the Obama administration for its complicity in allowing CEO Ed Whitacre to make those claims without challenge: