Based on the on going legislation discussions in the House, the Govt might end up becoming the majority shareholder of GM,Ford and Partial owner of Chrysler. According to a previous legislation any Government loan should get warrants of 20% of loan amount in Stocks. In the instance of GM which is currently valued under 3 Billion dollars , their bailout package being estimated at 10 billion dollars, a 20% warrant ould mean 67% of shares of GM.
This brings us to the already discussed rumors about Govt may end up owning the Auto mobile industry. This along with Auto Czar talks will ive Govt ultimate control over the Big 3.
