Posted by & filed under Part 1 Business in a Global Environment, Part 6 Managing Financial Resources.

Description: The automaker’s stock debuted at $35 a share, a 6% premium from the offering price, raising investor hope that GM will become a Wall Street darling.

Source:  CNNMoney.com – video report

Date: 11/18/2010

Link: http://money.cnn.com/video/markets/2010/11/18/mkts_gm_ipo.cnnmoney/

Questions for discussion:

  • Was the government’s decision to re-finance GM a good choice financially and socially speaking?
  • Do you think the government will recover all of its original $50 billion investment?
  • Would you be an investor in GM today?

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