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General Motors stock falls below $3 a share - A year ago today, GM closed at $33.15 per share

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NNN0LHI Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-11-08 02:22 PM
Original message
General Motors stock falls below $3 a share - A year ago today, GM closed at $33.15 per share
http://www.freep.com/article/20081111/BUSINESS01/81111046

General Motors stock falls below $3 a share
By KATIE MERX • FREE PRESS BUSINESS WRITER • November 11, 2008

Shares of General Motors Corp. fell below $3 a share in morning trading, one day after analysts said the company appeared headed for bankruptcy or a bankruptcy-like situation without a federal bailout.

GM stock was trading down 57 cents mid-morning, down 16.96% for the day, at $2.79.

A year ago today, GM closed at $33.15 per share.


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Winterblues Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-11-08 02:24 PM
Response to Original message
1. Bush*'s Legacy
Or better yet Republican Legacy...
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BootinUp Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-11-08 02:27 PM
Response to Original message
2. I am trying not to think about
the domestic auto industry right now, and you go and post that!

Yeah, its grim.
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DainBramaged Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-11-08 02:27 PM
Response to Original message
3. Give AIG Billions, and nothing for the big three which directly and indirectly
employ over 3,000,000 people. Unless of course, Booshe gets his free trade agreement with Columbia, which is suspicious to begin with, unless he was promised his own coca farm????
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SammyWinstonJack Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-11-08 02:30 PM
Response to Reply #3
5. That poo flinging chimp has never done anything that would benefit anyone save for his
corrupt corporate bidness buds. It's disgusting and I can't wait until he is gone!
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Ian David Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-11-08 02:28 PM
Response to Original message
4. Wow, I paid more than $3.00 a share for SpaceDev when I bought it. n/t
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