Archive for September 26th, 2007

Plotlines: Take a look at GM shares vs. liabilities

Plotlines: Take a look at GM shares vs. liabilities

| 26/09/2007 | 0 Comments
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General Motors shares jumped on news that the automaker reached a deal with its union members on Wednesday, but the stock is well down from its peak in 2000. The blue line shows GM’s shrinking market cap. The red area represents the automaker’s mushrooming liabilities. The agreement allows GM to shift more than $50 billion of retiree health-care liabilities to an independent union-aligned trust.

–Dan Burns

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