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gm bankrupt

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TTAC’s Deep Throat and I have been talking about GM’s decline and fall for well over two years. My man’s mantra: “follow the cash burn.” And so we have, through foreign
GM is not in danger of going bankrupt while it still has a cash hoard. It has a ton of liquidity -- $19.8 billion in cash, marketable securities, and money it can tap from a pre
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Just when you think, "How much worse can it get for General Motors, along comes a day like yesterday. When Merrill Lynch downgraded the stock and said "bankruptcy is not an
atlburning wrote: There is one. Just google it for the breakdown. Also for the manufacturers, there is an average mpg they must hit or be penalized.
Clearly, GM faces unprecedented challenges related to uncertainty in global financial markets and weakening economic fundamentals in key regions.
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12-26) 14:02 PST (AP) --General Motors Corp. is suing a bankrupt automotive supplier for immediate access to specialized parts and equipment, arguing that a delay would hamper
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GM Bankruptcy `Not Impossible,’ Merrill Says. U.S. stocks fell, the Dow Jones Industrial Average in a slump, after oil rose to a record level and the manufacturing of steel and
GM is mounting a massive PR campaign to convince Washington that a GM bankruptcy would be catastrophic to the national economy, resulting in the loss of millions of jobs, costing
The failure of the auto bailout in the Senate could mean the collapse of GM and Chrysler by the end of this month, according to several reports.

Martin grubinger