<span style="font-size: larger;">Former Governor Jenny Granholm conceived a 2005 program, which among other things saw the state buying ownership interest in private businesses, breaking a 154-year practice of steering clear of state equity investments that are not pension-related.</span><br />
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<span style="font-size: larger;">To see why this type of practice is and was a bad idea for the taxpayers of the state click on the following story link:</span><br />
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<a href="http://www.michigancapitolconfidential.com/17571"><span style="font-size: larger;">http://www.michigancapitolconfidential.com/17571</span></a><br />
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