The latest twist in the auto industry bailout ("successful" according to Jon Meacham!) is that the Chinese and Kuwaiti governments are going to buy some of the General Motors shares that the American government is selling. Newsweek's Mickey Kaus has the news, and is suspicious.
China and the GM IPO
https://www.futureofcapitalism.com/2010/11/china-and-the-gm-ipo
by Ira Stoll | Related Topics: Auto Industry, China, Government ownership, President Obama receive the latest by email: subscribe to the free futureofcapitalism.com mailing list