Ryanair Chairman Bonderman appointed to GM board

Ryanair Chairman David Bonderman has been appointed to the board of General Motors. Mr Bonderman, along with Carlyle Group's Daniel Akerson were appointed by the US Government as the auto maker restructures itself following bankruptcy. Today's appointments rounded out a 13 member board headed by Chairman Ed Whiteacre, former CEO of AT&T. The US treasury owns 61% of GM, the governments of Canada and Ontario have 11.7%, a union trust holds 11.7% and the old GMC holds the balance.