Advertisement

The Great Depression 2.0

What to Call the "Bad GM"?

Newell_post

The financial press is reporting that GM may file Chapter 11 next week. As part of this filing, they may split GM into two companies: a "Good GM" that will inherit the good assets and a "Bad GM" that will inherit the bad assets. The bad assets will be liquidated, ...

The Great Depression 2.0

Newell_post

When the stock market started heading down over a year ago, I said I was always prepared for the DJIA to lose half its value. But if it fell more than that, prepare for the worst. Now it has happened. It closed today at 6,594, much less that half its ...

Upload photo Browse photos