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Barry Ritholtz on the GM IPO

|Includes: General Motors Company (GM)

Read a great piece by Barry Ritholtz at The Big Picture. The article is great and so is the comment stream that follows.

Barry says it's too bad the banks didn't get the General Motors treatment as the new GM shares had a successful IPO and it appeared that the government will eventually recover all the money laid out to cover the bankruptcy reorganization of the former and future automotive giant.

Disclosure: No positions.