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Jane Richey / February 1, 2012

Government Deficit Widens

From Reuters:  GM and AIG shares slide creating an anticipated $23 billion widening in the government’s deficit.  GM, despite a major comeback that has returned its crown as the world’s top-selling automaker, GM has seen its share price slide from $37 a year ago to $24.0 on January 31st.  AIG shares have declined from about $43 in early February of last year to end at $25.11 on Tuesday. The breakeven price for AIG is about $28.73 per share.  Read more . . .

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Filed Under: Fiscal Responsibility

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  1. Scott W Schreffler says

    February 1, 2012 at 8:10 am

    Tea party congress equals token cuts on projected increases?

    Reply

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