GM working on more transparency in accounting--CEO

Newswire

DETROIT, April 28 (Reuters) - After a recent spate of accounting errors, General Motors Corp. Chief Executive Rick Wagoner said on Friday the automaker was focusing on increasing the transparency of its accounting methods. "The recent discovery of prior-year accounting errors has been extremely disappointing and embarrassing to all of us," Wagoner said in a letter to shareholders. "We are moving aggressively to strengthen our internal accounting resources. Going forward, we will do our ...

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