Quote:
Originally Posted by Design1stCode2nd
GM posts a net 9bil loss in Q4 and burns through their "worst case scenario" loans in less than 3 months. It's time to end this. They have not posted a profit in 4 years.
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They would have if the economy hadn't tanked. They were well on their way.
I'm curious to know why you're so quick to write them off? Is it simply because you think Chapter 11 is the magic cure?
