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Investors unfazed by GM'S huge loss
From the Detroit Free Press - great article (long) covers all sides without all the artificial negativity.
http://www.freep.com/apps/pbcs.dll/a...SS01/808020324
Investors unfazed by GM's huge loss
Cuts under way soften impact of $15.5-billion blow on shares
BY KATIE MERX • FREE PRESS BUSINESS WRITER • August 2, 2008
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Despite posting the third-worst loss in its 100-year history, General Motors Corp. seemed Friday to have Wall Street's confidence that recently announced plans would be sufficient to carry the company through to better times in 2010.
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__________________
" 123"
" 1-2-3, oh, that's how elementary it's gonna be -"
"There's class warfare, all right, but it's my class, the rich class, that's making war, and we're winning." --Warren Buffet, June 2008
Last edited by AMERICA 123 : 08-02-2008 at 12:43 PM.
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