Quote:
Originally Posted by camaro_corvette
I believe the 15 million is a lump sum to get GM through till march, during that time monthly business meetings w/congress will occur on progress, the big thing right now is making sure GM makes it to the end of the year, so congress has more time and GM has more time to come up with a plan. GM has a lot of work to do in the next few months to show the govt progress is going good, and that will lead them to give GM the rest of the money that they require to complete the rest of the plan.
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nope. Billion.
Quote:
Originally Posted by Dave_O
Let's hope it lasts long enough for them to get back on their feet...but I thought I read somewhere that GM needed $25 Bil to make it through the end of the year with the way things are going...?
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They need ~4B to make it through 2008.