Today the Financial Times and other media sources are reporting that Oleg Deripaska acquired close to a 5% stake in General Motors worth more than $900 million last year.
Last October, when rumors of this stake first circulated, Deripaska's company Basic Element issued a denial stating "The information divulged by Manager Magazine suggesting that Oleg Deripaska has acquired General Motors shares does not correspond to reality."
Apparently there are several different realities.
