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Wednesday, December 25, 2024

The Most Important Reason to Avoid ALLY (in one simple visual)

By Paul Price at Market Shadows

Ally Financial (ALLY: the old GMAC) came public this week at $25 but hasn't traded that high again since. 

ALLY needed a taxpayer funded bailout to survive the 2008-09 credit crunch. It failed early banking industry stress tests.

ALLY First Trading Day

They have one big problem compared to all their major competitors.

One picture is worth a thousand words. 

Keep reading to see why ALLY can't expect to succeed this time around either: 

Good for Savers – Bad for Shareholders

 

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