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.
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