[Homestead] General Motors is worth nothing

Don Bowen don.bowen at earthlink.net
Mon Nov 10 14:27:10 EST 2008


http://blogs.wsj.com/marketbeat/2008/11/10/deutsche-bank-gm-is-worth-nothing
/

 

"They believe the company does not have the cash to fund its operations past
December, though Mr. Lache believes the government will be "compelled to
participate" in some kind of loan package for the company, for without it,
"it would precipitate systemic risk that would be difficult to overcome for
automakers, suppliers, retailers and sectors of the U.S. economy.""

 

Don Bowen  KI6DIU

http://www.braingarage.com/Dons/Travels/journal/Journal.html

 



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