All Entries Tagged With: "gm ipo"
Why Do Mid-Term Elections Impact GM’s IPO?
There are a lot of strong opinions about the auto industry bailout, pro and con. Like a lot of complicated issues, arguments from both sides have merit. However, it’s not as if the decision to bailout GM and Chrysler is recent. We all know it happened, we all have our opinions, and that ought to be the end of it.
But it’s not.
GM, it seems, is delaying their IPO until after the Nov. 2nd mid-term elections. What in the world do elections have to do with GM’s IPO?