Bob Lutz retired GM vice chairman considered a run for governor of Michigan.

Bob Lutz retired General Motors vice chairman says he considered a run for governor of Michigan. Of the 2012 presidential race, Lutz says he's not ready to forgive GOP front-runner Mitt Romney, who argued against government help for the ailing domestic auto industry in 2009.  "I have a long memory," Lutz said of Romney's willingness to see GM and Chrysler go under without government help. "These people who were against the loans forget there was no money available for debtor-in-possession financing. The banks were out of money," he said. "Without the loans, GM and Chrysler would have closed. Then the suppliers, then Ford. Hundreds of thousands, if not millions, would have been unemployed."

 

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