Crazy Nut Job
0.000000435%

continuum:dihard:

is roughly the percent of GM that each of us own.

$362 is what each of us paid for that equity stake.

That’s because $50,000,000,000 is the total amount the US Treasury has spent of GM’s survival. (That’s $30.1 billion for 60% of New GM’s equity + $20.6 billion that we spent trying to keep them out of bankruptcy.) And that’s just the beginning of it.

So $83,000,000,000 is what New GM would have to be worth in order for us to break even on our investment.

But $56,000,000,000 is what GM was worth at its all time peak in 2000.

And it’s only worth about $7,300,000,000 now.

So New GM would have to have about a 48% increase in value from its all time peak. Likely?

Reblogged 1 year ago from continuum (originally from dihard)
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  1. dfmoore reblogged this from dihard
  2. jeffgiddens reblogged this from dihard
  3. mrjonnypantz reblogged this from dihard and added:
    love how irresponsible
  4. mopostal reblogged this from poortaste
  5. jjk reblogged this from dihard and added:
    Nice one Obama..
  6. cowsandmilk reblogged this from dihard and added:
    are you seriously suggesting...through equity? That idea is so laughable.
  7. pwinn reblogged this from dihard and added:
    math differently, considering...$20.6B “sunk costs” and saying “we” paid $30.1B
  8. complex reblogged this from dihard
  9. exhibita reblogged this from dihard
  10. willzone reblogged this from poortaste
  11. dan-e reblogged this from financegeek
  12. feids reblogged this from dihard and added:
    money all this bailout/stimulus activity...throwing around, these figures do not really...
  13. poortaste reblogged this from dihard
  14. alangwilson reblogged this from dihard and added:
    bad idea but the numbers really put things into perspective.
  15. sethherman reblogged this from dihard
  16. financegeek reblogged this from quotingthecrisis
  17. quotingthecrisis reblogged this from crazynutjob
  18. giin reblogged this from dihard and added:
    Someone give this woman a column in...Washington Post. The world could use more
  19. themattsmith reblogged this from afghanibanani
  20. afghanibanani reblogged this from crazynutjob and added:
    continuum:dihard:
  21. crazynutjob reblogged this from continuum
  22. foyoinfo reblogged this from continuum
  23. continuum reblogged this from dihard
  24. ifightevil reblogged this from dihard
  25. brianquinn reblogged this from dihard and added:
    bleak numbers … from...Harper’s Index
  26. davidl reblogged this from dihard
  27. jamesnord reblogged this from dihard
  28. dihard posted this
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