Thursday, May 24, 2012
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2. Blundering GM lost $30 billion in 2008... and it needs more of your money
 
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1. Tax HORROR: Congress just introduced one of the most outrageous tax laws in history
 
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3. The one thing you need to know about tomorrow's Facebook IPO
 
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5. Controversial post: This is the currency that could replace the dollar
 
Why this week's General Motors IPO could be a terrible sign for stocks
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Tuesday, November 16, 2010
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From The Reformed Broker:

This week, probably Thursday, should see the debut of the General Motors IPO. There are lots of angles to this story, from the exclusion of the retail "taxpayers" from IPO shares to the fact that demand is way stronger than expected and so pricing will be raised (above $30 per share).

One take I found interesting today was about what the deal may mean for equities in a broader sense. GM's resurgence is, after all, the epitome of the bail-out-and-reflation trade – perhaps more so than any of the banks are.

John Shipman at Dow Jones Market Talk blog sees echos of the Blackstone IPO hype at the market's peak in 2007...

Read full article...

More on GM:

General Motors is back on the road to failure

China could soon own a big stake in the new GM

Why you should stay far, far away from the new General Motors IPO

Topics: General_Motors | Stocks
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