ST Alpha - "To put it another way, you can't rely on the 25 number working for all three unless you know what they each *actually* need." (Reading a Post)

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To put it another way, you can't rely on the 25 number working for all three unless you know what they each actually need.

Posted by Max Nov 19 '08, 12:06

If it turns out that GM actually needs $20B, then $25B for the three won't be enough. It's no different than Paulson's "We picked the $700B number because it was really big. We don't really know if that's going to be enough."

In the case of a public company that releases quarterly financials, it shouldn't be that hard to report how much they would actually need if they had no income.

Responses:

[deleted] 5
- Did the big three come up with the 25B number? -- nm - Rorschach: 03/06/09 Nov 19, 12:13 3
  - [deleted] 2
    - That's not a guy you should trust to draw up a budget. -- nm - Max Nov 19, 12:16 1
      - [deleted]
- I am so not hiring you to manage my finances. -- nm - Max Nov 19, 12:10

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To put it another way, you can't rely on the 25 number working for all three unless you know what they each *actually* need.

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To put it another way, you can't rely on the 25 number working for all three unless you know what they each actually need.