5 Handle For BAC As GM Now A Teenager, At 50% Of Post IPO High

Tyler Durden's picture

We can only imagine the frantic calls being placed between Omaha and Washington this morning...

As for the US government bailing BAC out again, we wouldn't put much faith in that particular probability judging by this other "nationalized bankruptcy reorganization" success story. At 19.75, GM is exactly at 50% of its post "IPO" all time high of $39.43.