On the recordJune 9, 2009
For the taxpayers' sake, in GM, just to break even, the new General Motors will have to get up to a market capitalization of about $70 billion.
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congress.govFor the taxpayers' sake, in GM, just to break even, the new General Motors will have to get up to a market capitalization of about $70 billion.
Bunning discusses the financial challenges facing General Motors post-bankruptcy.
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I do not think a market maker should be able to get out of the market they are making the markets in that stock under any circumstances, unless they are belly up.
We need to keep our heads cool and all of this in perspective as we move through this disaster.