General Motors :: Sound Mind Investing

Post tagged with General Motors

GM stock: when investing turns into gambling

August 26th, 200910:04 AM ET

By Mark Biller

USA Today ran a story last week about recent trading in old GM stock. General Motors, of course, declared bankruptcy while saddled with huge amounts of outstanding debt, making it virtually certain that their old stock will wind up being completely worthless. So why do millions of shares continue to change hands each day? There are two reasons...
The things that aren't yet happening - and why

June 05th, 200909:33 AM ET

By Joseph Slife

This week's de facto nationalization of General Motors is part of a growing chain of government actions giving pause to business decision-makers and long-term investors. In a Forbes column (written before GM's announcement), Thomas F. Cooley, dean of the Stern School of Business at New York University, says government overreach is to bla...

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