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GM Almost Out Of Cash, Looks To Washington For

Canadian Content
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GM Almost Out Of Cash, Looks To Washington For Bailout


Business | 206946 hits | Nov 07 11:53 am | Posted by: hurley_108
2 Comment

GM is running out of money and may not have enough cash to continue running its business. They've burned through $6.8 billion in the last quarter and will exhaust their reserves by the end of 2008 without government intervention or a significant increase

Comments

  1. by avatar Bacardi4206
    Fri Nov 07, 2008 11:08 pm
    Hey my buisness is failing too, may I have a bailout as well?...

  2. by avatar scarecrowe
    Fri Nov 07, 2008 11:27 pm
    USA vs. Japan
    http://books.google.ca/books?id=ln2yy7q ... &ct=result

    and the reverse is true concerning attorneys.
    http://search.japantimes.co.jp/cgi-bin/ ... 318i1.html

    Japan still has relatively few lawyers. Only one in every 5,518 people in Japan is an attorney, while the corresponding figure is 285 in the United States, 477 in Britain, 577 in Germany and 1,363 in France.


    Now, which profession provides greater value to the economy? Which profession do the majority of North American politicians come from? The answers speak volumes.



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Who voted on this?

  • WDHIII Fri Nov 07, 2008 11:59 am
  • mtbr Sat Nov 08, 2008 7:56 am
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