He sold it

06/12/2006

According to the sources of the “Wall Street Journal”, Armenian American businessman Kirk Krikorian has sold his 10% share of the “General Motors”, the world’s largest car company, for 800 million dollars. Kirkoryan has sold his 28 million stocks to “Bank of America”. “General Motors” is in a pretty tough financial situation-the losses of the company have made up 3 billion dollars during the course of the past nine months.