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GM is not Lehman
I’m generally in favor of bailing out the US auto industry, mostly because such a bailout would be a relatively inexpensive form of fiscal stimulus. Compare the cost of bailing out the auto industry to the cost of trying to replace the lost jobs by means of government hiring. (There will be ...
Why Not Let GM Go Bankrupt?
baselinescenario.com — GM is mounting a massive PR campaign to convince Washington that a GM bankruptcy would be catastrophic... to the national economy, resulting in the loss of millions of jobs, costing taxpayers over $100 billion, and plunging the economy into a ... (more) Why Not Let GM Go Bankrupt?
Analyst Call: GM Goes To Zero (GM, F)
247wallst.com — General Motors Corporation (NYSE: GM) has been an ugly stock, in an ugly sector, in an ugly... economy. Bailout or no bailout, things are looking haggard and... (more) Analyst Call: GM Goes To Zero (GM, F)
GM (GM) Taking Sirius (SIRI) Down To Zero
247wallst.com — Fears that GM (GM) could go into Chapter 11 are driving Sirius XM (SIRI) shares toward zero.... The stock hit $.20 today and closed off by 13%. Sirius relies on... (more) GM (GM) Taking Sirius (SIRI) Down To Zero
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