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No. Ask anyone who owned GM stock at the start of the great recession.
by bityard 2y ago
No. Ask anyone who owned GM stock at the start of the great recession.
- petesergeant 2y agoAn excellent point. Anyone who held common stock of GM pre-bailout saw that stock fall to zero
- paulpauper 2y agoExactly. A bailout means the underlying business is restructured or wound-down; shareholders, bond holders typically get zip
- bawolff 2y agoAs they should. Investments by definition is a risk. If you want garunteed returns use a savings account or GIC.