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Substantial taxpayer assistance but the original shareholder

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In 2000, one share of General Motors stock was worth about $80. In 2008, it was worth about $18. Then GM declared bankruptcy and each share is essentially worthless (they have since re-formed with substantial taxpayer assistance but the original shareholders are out of luck).

If you were a shareholder, how would you feel about GM's management?

Why do you think GM failed so dramatically?

What are stakeholders and who are they in this case?

Reference no: EM131248443

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