I wonder which foreign interest will be the new owners of GM.
Can’t remember where I read it but I saw where the largest auto maker in China was looking to pick up GM’s U.S. manufacturing facilities if they go under. Given the price of GM’s stock someone could pick up the whole company for a little over $1 billion. The value of the buildings and equipment have to be worth more than that.
Can we still bamboozle the Saudis and the Chinese to buy
our assets?