Originally Posted by Villages Kahuna

Good catch, Donna.

While I was a supporter of the GM bailout--I didn't like all the details, but I believed that GM needed to be saved--the recent ads by the GM chairman kind of surprised me. Not enough to go back and do the research--you did that--but surprised me nonetheless.

I have now done the research. And I agree with the Forbes writer. There is almost no way that I can see that the U.S. taxpayer will come close to breaking even on our investment in GM. To give you an example of how profitable they would have to become to justify a share price to produce a market capitalization (share price times number of shares outstanding) of $60 billion, here are the companies that are currently at roughly that value...Amazon, 3M, Home Depot. They're the 40th thru 42nd most valuable companies in the U.S. More examples, companies that are less valuable include names like Boeing, Kraft, Ford, Target, Eli Lilly, Time Warner, and on down the list of those worth less than $60 billion.

It proves one thing...never believe a car salesman!