Lunes, Abril 18, 2011

Still a Lemon: The Troubled GM Bailout

Mark Modica, New York Post
Fans of the federal govern ment's auto bailout will push the "GM comeback" story at this week's New York International Auto Show. Good luck with that one.Taxpayers still own about 26 percent of GM, and it looks increasingly unlikely that they'll ever get their money back: The share price would have to rise to more than $54, and it's stuck in the low thirties. Here's why:

Source: http://www.realclearpolitics.com/2011/04/18/still_a_lemon_the_troubled_gm_bailout_254003.html

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