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Monday, June 1, 2009

General Motors

General Motors files bankrupt to US economy.

Thus president of USA planning to give aid for GM inorder to recover their losses,

Most probably this can help GM to groom in their business. It might lead to lose the name also in the market due to loss of fame and name of GM.

GM is one the leading giant motor company which books bankrupt in US economy is very sad news for their share holders.

Due to this news, share loses more than 50% of their value in the market.

Thus it gives bad news to the investors of the company.

Hopefully expect the company will groom in their part of it.

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