Comment / Yellow Corp roars back – dead cat bounce? Give it to FedEx!

ID 62313046 © Alphaspirit | Dreamstime.com

Is the White House the ultimate solution to Yellow Corp’s troubles?

If so, forget free markets* but mind you: the US government did well bailing out $54bn-market-cap-now General Motors at the height of the credit crunch over a decade ago, although Uncle Sam regretfully lost over $10bn of taxpayer’s money.

(*More on that matter and YELL here.)

I was chasing and modelling the “$ GM recoup rate for the Treasury” in those days and it didn’t look promising. With hindsight, it was money ...