Daily Archives: 2008/11/07

$14 Billion Cash Burn GM Ford Bankrupt Soon

General Motors Corp and Ford Motor Co reported far deeper than expected quarterly losses on Friday. GM , the largest US automaker , reported a $4.2 billion quarterly loss while Ford posted a nearly $3 billion quarterly operating loss. General Motors Cash … Continue reading

1 Comment

Filed under American Economy, Big Business, Cars, Dead, Financial Crisis, GM Ford chrysler, Stocks StockMarket, Uncategorized, Wake Up People, Wall Street DowJones, World Events