GM stock below $2, Citi below $1

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Thread: GM stock below $2, Citi below $1

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    7.0 Liter LS7 V8 steinravnik's Avatar
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    GM stock below $2, Citi below $1

    Wall St slides on GM worries, banks
    http://finance.yahoo.com/news/Wall-S...-14555346.html

    Citigroup shares tumble below $1
    http://finance.yahoo.com/news/Citigr...-14554520.html

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    Re: GM stock below $2, Citi below $1

    Bloomberg just announced that the government may agree to give the automakers 30 billion dollars to develop more fuel efficient cars. However I point out, with all auto sales on the decline; it's money going where nothing will come out of it. Toyota and other Asian manufacturers have this market sewn up, throwing money at it will do nothing, just delay the inevitable.

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