John King: Is that an appropriate role for the government of the United States, the White House, to be telling a corporate CEO of a private company, "You're gone?"
Jack Welch: Well, the government in this case, John, kept the company alive. All the players who went for the money knew the government was keeping the company alive and so ... the government is just acting like a board of directors would in a case like this, and they made a tough decision. But we all knew they were forming a car task force, an automotive task force. The task force went in and the task force made a decision. I don't think it's a shock to anyone that they did that. 
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