Commentary

GM in doubt

3.05.09- General Motors, which has sucked in $13.4 billion from the feds (aka the taxpayers’ children) and is requesting billions more, disclosed in its annual report today that its very survival was in “substantial doubt.” The auto industry is almost as pathetic as the banking sector – and the misery is not going to end anytime soon.

© 2009 Splendid Marbles.