Facebook co-founder renounces U.S. citizenship

Facebook’s co-founder, Eduardo Saverin, is giving up his US citizenship to become a resident of Singapore, where residents pay no capital gain taxes.

Brian Sullivan and Amanda Drury CNBC via MSNBC 5/11/2012

Eduardo Saverin, one of four co-founders of Facebook, has renounced his U.S. citizenship.

The move may reduce his tax bill following the initial […]

G.M. CEO to feds: We’re tired of being “Government Motors” so how about selling your shares?

Allahpundit HotAir.com 8/5/2010

They’re preparing an IPO and want the feds’ shares — all of the feds’ shares — to be part of it. Treasury’s considering it, but you know how it is: Once you’ve got hold of something special, it’s … so hard to let go.

“We want the government out, period,” Mr. Whitacre […]