Smart. Sharp. Funny. Fearless.
Wednesday, March 21, 2018
new stock

G.M.’s Push To Sell New Stock Could Cost Taxpayers $5 Billion

Last fall, right after the midterm elections, it looked like the Obama Administration’s decision to bail out General Motors wasn’t just necessary, but also profitable: The company’s first public offering made the American taxpayer a cool $13.5 billion, and the price of the newly available stock was supposed to rise to $40 or $50 per […]

June 23, 2011