The teachings of case GM 3 June 2009 the fall of General Motors (NYSE:GM) is the consequence of having ignored the multiple signals that warned of the need for a profound change in the structure of the automotive business.GM could survive in recent years, thanks to the very good economic context that enjoyed the US economy in particular and the world in general. Only the strong fragility of the company clearly was revealed with the advent of the crisis. At 75 cents, the shares of GM are still overvalued. Remember when their actions had reached US $93,62 towards the end of April 2000? How he managed the company destroy its value in less than ten years? Surely what happened by GM will be a case study in business careers. The GM debacle represents one of the largest industrial bankruptcy in United States history.
The immensity of the giant that has fallen is evident when one observes that its debt is higher than the public debt of Argentina. The company has liabilities by $172.810 million and only $82.290 million in assets. And as in accounting, assets less liabilities equals net worth, this last component is negative in the balance of GM and by several billions of dollars. Advancement special LATINFORME journal * where is China investing your money now? In a strategic alliance with a South American company that will bring them to both strong advantages in the short, medium and long term. What is this company? Already soon we will disclose it is. Watch out for the next advances in LATINFORME journal, where we will detail next bid launch of the report in which we will announce the name of this company and others that will benefit from the Asian giant. But they are not Chinese nor Argentine promises. This Alliance is already underway and this company has found just what was in need to strongly boost its production.