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Old 03-03-2009, 11:47 AM   #8
Zabo
Gunning for Sixth
 
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Drives: '03 ZR2 Blazer
Join Date: Sep 2008
Location: Woodhaven, Michigan
Posts: 9,358
Quote:
Originally Posted by DGthe3 View Post
Seriously though, I wonder why they even need the money, didn't they make something like $30B in profit last year while expecting a loss of ~$5B for 2008. Seems like they should still have quite a bit in the bank.
They're getting raepd in the backdoor by the Japanese Government over paying back cash they've already been given while Japan's economy continues to tank. And Japan isn't going to give them this loan.. *wink* (read they will to make Toyota and Japan look better than American and GM to garner more sales and money to float the boat by giving them a "loan")
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