Followup to previous post

Feb 18, 2009 13:24

Well, it turns out GM doesn't need $5billion, they need another $9billion as well as the $4billion they have already received ( Read more... )

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dalekboy February 18 2009, 06:34:23 UTC
A part of being in business is not to over extend yourself too far. They have 35 billion in unsecured loans? WTF?

What I really want to know is, how much their management is getting paid, while they are talking about cutting 47,000 jobs?

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