Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Who can save GM?

|Includes: General Motors Company (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?