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GM, Ford, UAW Dangle $54 Billion Health Fund Before Wall Street
Bloomberg Link to more items from this source
Nov. 18, 2007
" 'There's nothing like this in America in terms of health care, and arguably in the world, of this size,' said Geoff Bobroff, an independent investment consultant in East Greenwich, Rhode Island, with three decades of asset-management experience. 'A lot of people are going to be lining up to service this fund.' He estimated that fees for managing the VEBA may total $285 million."

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