To put the current price tag in perspective, the Dow Jones Industrial Average was trading at a mere 210 points back then.
In fact, the last time GM traded at around $4.65 a share, a typical car sold for just over $3,000, gasoline cost 20 cents a gallon, a six-pack of Coke could be yours for 37 cents, and houses went for $16,000.

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Expect either a lot of new names in the Dow and S&P or a lot of companies to end up in foreign ownership.