Egg

GM Common Stock Is Worth More than You Think

Microsoft (or whoever) cannot just buy the common stock to get the tax loss. They'd have to buy the entire enterprise value. Debt. Continuing operating losses. Everything. Plus then the government would back out instantly and force MSFT to cover that 50B.

MSFT stock would plummet to oh let's guess single digits and maybe one day go bankrupt itself since it probably could not sustain GM's ongoing losses, since GM would not be able to file with the courts.

So, yeah, good idea.

Buyer Beware: 30 Biggest Bankruptcy Risks

I've looked and looked on MSN Money site but I cannot locate on there where the CDS quotes are publicly listed. I've always wanted to see the quotes for the various companies.

Can anyone provide a link or lead me in the right direction?

General Garbage

One big difference between the two companies is that GM's debt is rated junk (B) while GE still carries a AAA rating.