Worth and value
An interesting post by Matthew Yglesias that points out that the proposed bailout for the auto industry is actually valued at significantly more money than what the Detroit Big Three are worth.
With that in mind, he wonders why bankruptcy and the resulting liquidation would be a bad thing.
With that in mind, he wonders why bankruptcy and the resulting liquidation would be a bad thing.
posted by Jmac at 5:07 PM
1 Comments:
Where the stocks are trading at is not comparable to what an entire company is "worth." The comments to that post are helpful, if not tiresome, in going through at least that much.
The word verification for this post was 'fordsdam.' Wow.
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