GM is on a fast paced recovery from their complete collapse from a couple years ago. They sold 478 million shares yesterday at 33 dollars a share. They have been paying back the government for bailing them out of bankruptcy and now are on the verge of becoming a powerful company again. The steps they have made in the past years have saved their company and are putting them on top of the competition.
I am proud of GM making such a huge recovery. It went into a huge slump but it didnt give up and with some help from the government which they are paying back now they got back on top. I think that as GM gets more ownership back from the government they will start producing better products and then start creating more profits. I think that it is an upward latter from here for GM and I excited to see what happens from her on out.
http://online.wsj.com/article/SB10001424052748704648604575620833385520438.html?mod=WSJ_business_LeadStoryCollection
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