Could Kerkorian Push GM Into Ghosn Renault-Nissan?

According to the AP, KirkKerk's Tracinda Corp, which owns nearly a 10th of GM, in a partnership with Renault and Nissan, could easily purchase 30% of the ailing American automaker, giving them a hefty vote on the board, and possibly ending Rick Wagoner's lifelong career with the General. Some are for the deal, hailing Carlos as a turnaround genius, while others see it as a ploy by Kerkorian to get his way. In any event, things undoubtedly just got more hairball at the RenCen, especially among the lifelong Michiganders who blanch at the thought of moving to the Volunteer State.

Experts: Kerkorian may take control of GM [Contra Costa Times]

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