BitcoinMedusa

$GM : "Treasure Trunk Story"

BATS:GM   GENERAL MTRS CO
211 1 0
$GM : "Treasury should develop a concrete             exit plan for GM             and Ally," Christy Romero, special inspector general for the government's financial-crisis-era corporate bailout. [ full article here http://www.reuters.com/article/2012/07/10/us-autos-bailout-treasury-idUSBRE86913F20120710 / dated Tue Jul 10, 2012 2:07pm EDT             ] A Treasury spokesman said it would "continue to balance exiting as soon practicable and maximizing value for taxpayers."
timwest PRO
4 years ago
If we do get the Gov't out of GM stock, it would most likely create one of the best trades that we have seen since the bank bailouts in early 2009. I look forward to the day that the Gov't sells their shares. Also, AIG has the same problem as GM; A desperate, weak, stockholder that might sell at any time. But two of the cheapest stocks in the US are AIG and GM.
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