General Motors Bankrupt - Deloitte and Touche.. They aren't a going concern

http://www.canadian-money-advisor.ca/archives/
General Motors Bankrupt - Deloitte and Touche.. They aren't a going concern
The third party auditors Deloitte and Touche report that it's not like that General Motors is going to be able to make a profit in the near future. General Motors keeps fighting which is good, however, their outlook for the next few years is not good.

Should the government be giving welfare payments to families who are making $50-$60 per hour? Is this fair for those families that actually need welfare but are refused.

General Motors needs to declare bankruptcy.. I like this car company... my last car was a General Motors product.. however, enough is enough general-motors
General Motors Bankruptcy

http://www.canadian-money-advisor.ca/archives/

Category:

Autos & Vehicles

Tags:

• general
• motors
• bankrupt
• rant
• gm
• cars
• autos
• auto
• makers
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• north
• america
• bankruptcy
• bankruptcies
• general-motors
• going
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[gene2u]

I found your personal story within this video powerful. Glad you're successful now.

[montyloree]

@gene2u Thanks...it's always a journey!

[YTSecretWeapon]

Enough is enough is right, Monty. Game over.

Great and insightful commentary. Thanks!

[montyloree]

thanks YTSecretWeapon !

[purpleloco1]

I hpe you understand that the mangement at G.M. won't give up. They are repulsedby the treatment handed to them by the Democrats. The legacy cost are a real issue with them and they are currentlley cutting back enough to show profit.

[debtrelieftaxedshort]

plot is interesting, is all!

[verbalvampire]

Great video man, hah... i give you 5/5 and favorited it.

[gunthaarz]

Mr. Anti- Net Neutrality, the Monopolist himself, Ed Whitacre is going to be the new CEO of GM.

What an amazingly stupid, counter-productive idea. GM needs a real innovator,like Steve Jobs, not an establisment creation like Whitacre. Whitacre is a one trick-pony. If he knows how to do anything it is this: accreting earnings via mergers and acquisitions, which is not earnings growth per se. within 12 months GM will attempt a merger.

[betatalk357]

Hell, we might get the cars for cheap at public auctions or for free when the Big 3has to liquidate ALL brands because they aren't selling and we, the taxpayers, basically paid for them with WASTED tax money. The Govt BYPASSED OUR RIGHT FOR CONSUMER CHOICE AND CONSUMER FREEDOM BY INVESTING MONEY IN OUR DEAD DINOSAUR AMERICAN CAR COMPANIES!

We want cheap, dependable, fuel-efficient vehicles with stomp. But, the Big 3 did what they want- ugly, gas-guzzling POS's and no retooling for 20 years!

[brandonya1990]

shoot if that happens, best hope you get the title for it.

[watsbronc1]

Game Over gm.....Thats enough bailout

[BabyDoreen1979]

does this mean we get to keep the cars we finance and not pay? lol