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Star Trek Opens Today »
May 07, 2009
GM 1st Qtr Loss: 6 Billion
How much money did the government loan them? I forget.
Oh wait. 15.4 billion.
G.M. has borrowed $15.4 billion from the federal government since December to stay afloat, and the company says it needs $11.6 billion more. But the chances that it will end up in bankruptcy court at the end of this month are growing, particularly after Chrysler’s Chapter 11 filing last week.
I'm sure the problem here is more of those recalcitrant "speculators".
posted by Dave In Texas at
08:13 AM
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