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

Associated Press by Nick Bunkley | Nov. 16, 2009 (News Report)

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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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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Patricia's Rating

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