As General Motors finalizes plans to begin selling stock again, questions surround the government takeover of the automaker that could affect the share price, according to David Littmann, senior economist.

"Is this the last time (the government saves an automaker) or is it just a precedent that encourages moral hazard?" Littmann asked when interviewed by the Detroit Free Press.

Littmann has previously addressed the GM bankruptcy issue here and here.

Stay Engaged

Receive our weekly emails!

~~~~~

Related Articles:

Screening of Poverty, Inc.

Can I Catch a Ride?: Regulating Uber and Lyft

The Flint Water Crisis and the Challenge of City Infrastructure

Let Them Work: Solutions for Michigan’s Overbearing Occupational Licensing Laws

Bill Would End Monopoly on New Auto Sales

Majority of States in Country Are Now Right-to-Work

Share More …