Quote:
Originally Posted by SuperFly03
I'll just side step the Enron reference... 
Anyways, in this case, Goodwill does not relate to the intangibles you mentioned (patents, trademarks, etc). Those are actually captured in the $15.9B that HHR is asking about above. The goodwill in this case is the most fungible thing you can imagine. It really has no basis other than to make the equation balance. |
Yes, that is what i meant, Goodwill relates to intangibles that CANNOT be capitalized UNLIKE (better word) Patents and Copyrights
the question is, how was the Goodwill created in this case and that is what is confusing me. basically as i understand it, the Govt GAVE GM equity, which created the Goodwill (Amount above FMV of Net Identifiable Assets) which would mean that the govt did in fact purchase GM...