General Motors IPO = 50% loss on bailout 'investment'
|Includes: AABA, ACF, BGM, CAAS, F, GM, GMA, GMS-OLD, GMW, GOM, GOOG, HGM, HMC, KNDI, MSFT, NSANY, Toyota Motor Corporation (TM), TSLA, V, XGM
50% loss on government's investment
-- Invested $50bb
-- At the mid-point of the price range value is $25bb = 50% loss
Prelminary GM IPO valuation