Must Read

Economic and and financial news and analysis

General Motors- What is Seen and What is Unseen

This post is by Jimbo – a long time participant in the Capitalstool.com message board. GM looks awfully cheap at 6 times earnings and 5% dividend yield. Very tempting – Until you see the unseen and hear the two words “PENSION DEFICIT” for whom the stock bells toll. GM has 21 BILLION in unfunded pension…