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tradealarm
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Full-time software engineer and part-time investor. I changed from a trader into an investor in 2007.
My blog:
Screening + Strategies => Profit
  • Who can save GM? 0 comments
    Apr 20, 2009 12:07 AM | about stocks: GM

    GM's equity=91 - 177=(-86 billion)!!! at the end 2008. Some banks don't even have that much cash. As of 12/31/08

    • WFC has 23 billion cash
    • BAC has 42 billion cash
    • JPM has 165 billion cash
    • C has 199 billion cash
    • GS has 122 billion cash
    • MS has 137 billion cash

    Many companies even don't have that much asset

    • BA only has 53 billion asset

    Is ther any risk to short GM?

    Stocks: GM
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