ST Alpha - "GM went through $6.9 billion in cash in the third quarter and is warning that " (Reading a Post)

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GM went through $6.9 billion in cash in the third quarter and is warning that

Posted by Brian (aka trav007) Nov 7 '08, 08:30

their cash level is near the "minimum amount necessary to operate."

In effect, GM is almost out of money.

Responses:

Ford blew through $7.7B -- nm - decline Nov 7, 08:34
Dear government, the election is over, let them fail. - ty97 Nov 7, 08:33
Where did all the money go? -- nm - lileve Nov 7, 08:31 4
- There's money in the banana stand. -- nm - znufrii Nov 7, 08:35
- Building cars, paying people, and then not selling product, I would guess. -- nm - JaxSean Nov 7, 08:34
- burned it lighting cigars rolled in $100s. -- nm - mafic Nov 7, 08:33
- Did they look behind the fridge? - Mop Nov 7, 08:33

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