Maybe I'm missing something but this does'nt sound like good new's.
Quote:
Even if GM goes public again, the value of its stock would have to greatly exceed levels it had traded at before the company's bankruptcy in order for the stock to be worth enough for taxpayers to make a profit.
In fact, the company's overall market value would have to hit at least $67 billion for Treasury to recoup its investment. But Rod Lache, an analyst with Deutsche Bank, estimated in November that based on the trading in GM's bonds, investors were putting the future value of the company at only $42 billion.
So it remains uncertain if Whitacre will be able to back up his bold claim.
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