GM’s next step/Rare earth ransom

Financial Post Big Picture Podcast

Where does automaker go after IPO–How to shake China’s rare earth dominance–Earlier this week, GM launched its long-awaited IPO. FP reporter Scott Deveau talks about the share price, stock sales by the U.S. and Canadian governments, and where the automaker goes from here/FP reporter Peter Koven discusses how one Canadian company has cashed in on China’s rare earth dominance, and how the Communist country’s recent quota on the metals has led to a rush to develop rare earth mines in other countries