11-08-2007, 02:23 PM | #1 | |
I used to be Dragoneye...
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GM sees bright side despite $42b loss
Go tell your friends, GM is fine.
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11-08-2007, 03:12 PM | #2 |
Drives: 2006 Cobalt, 2004 Taurus wagon Join Date: Oct 2007
Location: California
Posts: 3,812
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Basically, the loss was a technical, on paper loss that doesn't relate at all to the company's operations. Basically it was a change in how certain finances are reported on paper, but really, nothing material has changed.
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11-08-2007, 03:47 PM | #3 | ||
Truth Enforcer
Drives: anything I can get my hands on Join Date: Sep 2006
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its basically like gambling, all that is reported is how much they lost, not how much they gained overall from different tables compared to where they started.
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