3 Strange Things About the GM IPO

http://www.futureofcapitalism.com/2010/11/3-strange-things-about-the-gm-ipo

National Public Radio's Planet Money has an excellent piece about the General Motors stock offering, observing, among other things, that the government is selling is shares at a loss, that GM itself warns that the government's ownership is bad for its business, and that GM itself says "our disclosure controls and procedures and our internal control over financial reporting are currently not effective."

by Ira Stoll  |  Nov 5, 2010 at 9:19 am Related Topics:  Auto Industry, Government ownership receive the latest by email: subscribe to the free futureofcapitalism.com mailing list