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Re: Bought out or insolvent

frimbleh...@gmail.com

This company is DONE. Completely. Even if they didn't have a totally
crap product line, the credit market in the future will never support
the 'new car every two years' mentality that has created this monster.

They lost $56bn last year so the $25bn bailout should see them through
a month or two. But I guarantee you, this company is dead.

http://subprimeshowtime.com/2008/10/06/time-to-worry-about-your-401k/

orla...@bernzoo.com wrote:
> GM needs financial help.
> Without they will not survive.

> Wait for the earning release to see this one toasted.
> I bought some puts.