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Old 05-07-2009, 09:33 AM   #1
diddiyo


 
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Post GM loses another $6 billion

http://money.cnn.com/2009/05/07/news...ion=2009050707

Quote:
GM burned through $10.2 billion in cash in the quarter, leaving it with only $11.6 billion in cash on hand at the end of the period. The company says it needs between $11 billion and $14 billion on hand to continue normal operations.


loses "another" $6 billion and needs twice the amount to continue operations... it's like we're talking about cheeseburger-money.
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