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.


Related Articles:

Acton Lecture Series: 'Excuse Me Professor: Challenging the Myths of Progressivism'

Why Can’t Tesla Sell Cars in Michigan?

Former Energy Regulator Says Bill Would Establish Energy Monopoly

Let's Make a (Special) Deal: Legislators Can't Shake the Habit

Liberty, Prosperity and Humility on Thanksgiving

Forbes publishes Vernuccio op-ed on minimum wage protests

Share More …