Too Much Euphoria For a Bankruptcy
Submitted by JRodgers (bestcashcow.com)
GM's bankruptcy is being met with a huge cheer. Doesn't make too much sense.
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Why would anyone buy shares of a bankrupt company? It would be easy to conclude that investors are simply being irrational - and, undoubtedly, some of them are. But several studies of past...
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GM's recent bankruptcy has been heralded as the end of America's industrial dominance. Really, it's not that bad.
The opinion of many analysts concerning the bankruptcy and what the new GM will look like.
Current shareholders will surely get wiped out. I wonder why anyone would hold on to the beaten down stock of a court protected company.
This is a great article by an NYU professor which does what nobody else has been willing to do - point out that Obama, by playing favorites to the Unions, has made a mess of the GM bankruptcy -...
GM's bankruptcy is being met with a huge cheer. Doesn't make too much sense.
With General Motors expected to file for bankruptcy soon, GM stock price has been in a freefall. In fact shares have hit the lowest levels since 1932, which was the year Dow Jones Industrials...
As the government tries to thaw the credit freeze, the next potential catastrophe is starting to heat up. I am beginning to see more and more written on the pending problem of underfunded pension...
The program would be funded by the US government (i.e. taxpayers) which would pay or subsidize owners of old, fuel-inefficient automobiles via a coupon or voucher for between $3,000 and $5,000 if...
Thousands of mom-and-pop investors own GM bonds and have seen their value fall along with the fortunes of the auto maker. Just this week GM brought a much tougher offer to bondholders - to swap...
The current environment presents the perfect opportunity for the government to just say "enough is enough."
President Bush announced that GM and Chrysler will receive $13.4 billion in government loans to keep them afloat until March.
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