How does Citibank "sell all or part of itself"?

If they sell part of their current operation, they get money for that part they sell, and that cash becomes part of their assets.

It they sell the whole lot, the shareholders get the money.

It's not clear what sort of teaming agreements were in place, but GM has resold Toyota designs for a while. So there's some sort of financial arrangement.

The answer is that Toyota probably wants to sell under its marque. It probably doesn't need the resources, so "buy what" becomes the question.

Government knows it'll end up paying for those liabilities.

-- Les Cargill

It can be by stock purchase or stock swaps.

Thats just one possibility.

Because they would rather the govt hands them $25B instead.

Its much more complicated than that.

Any company can. Whether that will be enough to stop them going bust is another matter entirely.

One very fundamental problem with car companys is that once it looks like they might well be about to go bust, hardly anyone is silly enough to buy their cars, because they may have a problem with getting parts when they need them, and the resale value of the car will be very bad if the company has gone bust by the time you need to sell the car or trade it in.

via bankruptcy.

Thats just plain wrong. Other operations can buy bits of their operation.

I understand that toyota/honda buy parts from GM. They could aquire the parts division.

I think this should make it pretty clear to most rational people that the private sector should not be in the health insurance or pension business. There are few if any private companies that can stand the test of time and actually deliver the pensions they promise.

American business must get completely out of pensions and health insurance. This is the only "jewel" in McSame's plans and it was only a agate. It offered a way to remove health insurance from any employer.

It's anything but. Blue Cross came about in the late '40s as a "perk" when government froze wages. It's entirely due to government meddling since.

And the trades made for single-payer healthcare are stark indeed.

I'm pretty sure we all know we're on our own. The defined benefit pension is ancient history.

And it was probably very broken - I never actually ran the numbers.

-- Les Cargill