The federal intervention in the bankruptcy proceedings of General Motors, to the detriment of bond holders represents an unprecedented abuse of federal power. Furthermore this biased intervention damaged the credibility of the U.S. economy and harms the ability of companies to attract investors and lenders.
The holding of stocks by the U.S. government removes its impartiality and therefore undermines its authority as an unbiased oversight institution.
Remedy these detriments by turning over U.S. held stocks in GM to the bond holders where were short changed in the GM bankruptcy proceedings.