G.M., Citing Progress, Reports Loss of $1.15 Billion

it [ GM ] plans to make a $1 billion payment to the federal government in december, more than five years before the loans are due, and to make similar quarterly payments after that. Full Story »

Posted by Patricia L'Herrou
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Subjects: U.S., Business
Topics: U.S. Economy, Cars
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# Diggs: 2 (as of 2009-11-16)
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Posted by: Posted by Patricia L'Herrou - Nov 16, 2009 - 10:18 AM PST
Content Type: Article
Edit Lock: This story can be edited
Edited by: Patricia L'Herrou - Nov 16, 2009 - 10:24 AM PST

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Patricia L'Herrou
3.6
by Patricia L'Herrou - Nov. 16, 2009

there are a lot of facts, figures here which come primarily from the gm management, which convey the debts still owed by gm and how well it's doing in its recovery plan. what's missing are figures about car sales,other gm assets, and outside sources, such as holders of debt, to confirm this picture.

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