- company stock definition
- loan company
- underwater stock footage
- taxpayer identification number form
Fall 2008 – GM told the government that they needed billions of dollars in loans or the company was going under.
June 2009 – The administration says it will provide GM with the needed funds ($50 billion) but bankruptcy and cuts are required.
June 2009 – GM files for bankruptcy.
July 2009 – GM emerges from bankruptcy.
April of 2010 – GM’s Ed Whiteacre announces that GM has paid back loans made to the company by the US and Canadian governments.
November 18, 2010 – The NYSE is abuzz with talk of the new General Motors (GM) initial public offering. The old stock symbol GM would be back on the “Big Board” as the American auto giant tries to reinvent itself on the backs of the American taxpayer.
June 2009 – The administration says it will provide GM with the needed funds ($50 billion) but bankruptcy and cuts are required.
June 2009 – GM files for bankruptcy.
July 2009 – GM emerges from bankruptcy.
April of 2010 – GM’s Ed Whiteacre announces that GM has paid back loans made to the company by the US and Canadian governments.
November 18, 2010 – The NYSE is abuzz with talk of the new General Motors (GM) initial public offering. The old stock symbol GM would be back on the “Big Board” as the American auto giant tries to reinvent itself on the backs of the American taxpayer.
In what year did General Motors stock begin its nosedive that led to their bankruptcy?
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