3

online.wsj.com - 11/15/2008

Just Say No to Detroit

— online.wsj.com — See what Ford, GM have been up to in recent years as their stock price and sales... declined. (more) Just Say No to Detroit

Comments vote downundo vote up TigerHawk found this 11/15/2008found this

1

democraticunderground.com - 11/7/2008

GM reports $2.5B loss, says federal aid essential

— democraticunderground.com — Source: [b]The Detroit News[/b] General Motors Corp. reported today a $2.5 billion third-quarter loss as tight credit,... a stock market crisis, stalled consumer spending and a declining housing market have led to fewer vehicle sales and pushed the automaker closer to running out of money next ... (more) GM reports $2.5B loss, says federal aid essential

General David Petraeus

Comments vote downundo vote up Rover found this 11/7/2008found this

Leave a Comment

GM reports $2.5B loss, says federal aid essential
Democratic Underground Latest Breaking News — ... to announce factory closures, although it is likely to cut production by eliminating shifts, overtime bans or temporary plant shutdowns. GM burned through $6.9 billion during the third quarter, leaving the automaker with $16.2 billion in cash, securities and readily-available assets. That's down from down from $21 billion at the end of the second quarter. GM said it might fall below the minimum amount of liquidity -- $11 billion to $14 billion -- by the end of the year. Read more: http://www.detnews.com/apps/pbcs.dll/article?AID=/20081...

Midday Open Thread
Daily Kos — No rest for the weary.....Al Gore is already pressuring President-Elect Obama to create a unified power grid across the U.S. Buck Burnette of the Texas Longhorns gave a whole new meaning to offensive lineman when he updated his Facebook status with hateful and offensive comments directed toward Obama after the big win on Tuesday night. He has since been dismissed from the team and issued an apology. GM suffered a $2.5 billion loss and is asking for federal assistance. Check out Palin as President, ...