Pages

November 07, 2008

GM going broke

Chrysler talks over

GM’s merger talks with Chrysler are over because it’s close to running out of money.

The General, falling in ranks as we speak (Col. Motors? 1st Lt. Motors?) says its liquidity will fall below minimums sometime in the first half of next year.

No comments:

Post a Comment

Your comments are appreciated, as is at least a modicum of politeness.
Comments are moderated, so yours may not appear immediately.
Due to various forms of spamming, comments with professional websites, not your personal website or blog, may be rejected.