GM stock is finally inching up to its 2010 IPO price. Meanwhile Dow is up 20% over the same period of time. By exiting 241MM shares of GM at today’s prices, taxpayers will take a $20B loss on the bailout. Considering the stock has to go up another 62% for us to just break even, it’s time to cash this clunker and move on. Monica discussed this and more with Fox’s Neil Cavuto.
The Book
The Entrepreneurial Instinct (McGraw-Hill, Sept 14 2012)
Order on Amazon
Monica Mehta 