answersLogoWhite

0

Never. President Obama is like the Venezuelan president in nationalizing major

industries.

Welcome to the Peoples' Republic of Chi-america. :-(

///////////////////////////////////////////////////////////////////////////////////////////////////////////

Most likely sometime within the 3rd or 4th quarter of this year. They are already preparing to become publicly-traded again, according to this ABC article:

UNDATED (WJRT) -- (06/13/10) -- At least five investment banks are reportedly lining up to help General Motors become a publicly-traded company again.

Bloomberg News reports Morgan Stanley and JP Morgan Chase are expected to lead GM's initial public offering. That could happen as soon as this year.

Returning GM to public ownership would allow the US to reduce its ownership stake in the company and earn returns on its $50 billion investment in the automaker.

User Avatar

Wiki User

15y ago

What else can I help you with?