You all know I’m a “home town cheerleader” about GM, Ford and Chrysler. How bad could the business get for GM? Read here… http://money.cnn.com/2008/06/19/news/companies/taylor_gm.fortune/index.htm?postversion=2008061910
…and at the same time, the article above speaks to the issue of what the “floor value” of a share of GM stock might be…which leads us to … http://money.cnn.com/2008/06/19/news/companies/kerkorian_ford.ap/index.htm?postversion=2008061907 ….and how Kerkorian continues to, in some ways, “prop up” the stock of Ford.
Who says the car business can’t be interesting?