01 August, 2008

General Motors posts a slight loss....

OF nearly $16.5 billion for one quarter! That's a loss which occured over only three months! Not that they're going to seriously do anything about it - other than close some factories and layoff a good portion of their white-collar workers. Some of which are in the research / design departments!

Those are the people that they should have kept and put to work on alternative fuels and other ideas to move forward, oh well...

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