GM posted a profit: Was the government takeover a smart move?
GM today reported earnings of $865 million in the first quarter, its first profit in three years.
GM reported positive financial news today, giving the company momentum to become a public company again after going through a bankruptcy last year that made the US Treasury Department the majority owner. Was the federal government right to invest billions to save GM? Looking ahead, what factors should policymakers hold in mind when they consider whether to bail out a large firm?
Skip to next paragraphRecent posts
-
11.11.11
Veterans Day: Monitor Facebook fans sound off -
06.07.11
Bahrain protests and Obama's 'drop by' diplomacy -
06.06.11
Honk if you support Saudi women drivers -
06.03.11
How Kevorkian and assisted suicide fit into America's mixed moral landscape -
06.01.11
Keeping on with the work of a slain journalist in Pakistan
Subscribe Today to the Monitor
Share your constructive ideas using the form below. (Personal attacks not allowed.)
These comments are not screened before publication. Constructive debate about the above story is welcome, but personal attacks are not. Please do not post comments that are commercial in nature or that violate any copyright[s]. Comments that we regard as obscene, defamatory, or intended to incite violence will be removed. If you find a comment offensive, you may flag it.