China and the GM IPO

http://www.futureofcapitalism.com/2010/11/china-and-the-gm-ipo

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.

by Ira Stoll  |  Nov 12, 2010 at 11:26 am Related Topics:  Auto Industry, China, Government ownership, President Obama receive the latest by email: subscribe to the free futureofcapitalism.com mailing list