IMPost : 20120820 ( 6 of 7 )
Facbook
Performance of IPO offer of FACEBOOK.. Not different, then Indian IPO offerings performance!
General Motors
US government hold 26% in GM after bailout
Stock price was quoting near $ 20 in last week, for break even on the bail out price need to be around $ 53. At current price unrealized loss is $ 16 billion.
Dow has risen 20%, but GM has fallen 49%
You can read full story of Forbes at http://www.forbes.com/sites/louiswoodhill/2012/08/15/general-motors-is-headed-for-bankruptcy-again/
Does bailout given in India by government, banks, LIC affect your wealth?
Just book an i-Connect to wealth meet


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