GM shares now worse than 1929 Great depression levels

At its low, GM's market capitalization stood at $2.6 billion, compared with a market capitalization of about $4 billion in March 1929 before the stock market crash that preceded the Great Depression.

NVDL: There is no better warning, and no clearer indication on where we are headed (a carless, jobless society struggling to pay for increasingly costly resources - including food) than in these numbers, right here.

clipped from news.yahoo.com DETROIT (Reuters) - General Motors Corp shares fell to their lowest level since 1950 on Thursday as concerns mounted that an industry decline that started in the United States was spreading and a leading forecaster warned global auto demand could "collapse" in 2009. GM shares fell as much as 33 percent to $4.65, driving its market capitalization to its lowest level since 1929, according to California-based Global Financial Data. The stock closed down 31.11 percent at $4.76 on the New York Stock Exchange.