General Motors Lost $85 Million Every Day

wow

Time and tide wait for no man~~~

Disaster...keep banks awake that just raise consumer lending rates.

OK. If you are going to make an analysis of the car industry per minute, then PLEASE give us an analysis of the banking industry also to put it into perspective. Lets not slant it.

OK. If you are going to make an analysis of the car industry per minute, then PLEASE give us an analysis of the banking industry also to put it into perspective. Lets not slant it.

GM stays up for two main reasons. It is an incremental part of military industry and if it were to fall a disproportionate number of black people would become unemployed. GM does not make a single automobile which can stand up to its competitors.

The author of this article most likely drives an import also.

And they still paying that high salary? http://www.salarylist.com/all-real-jobs-salary-at-general-motors-corporation.htm With Detroit income dropping? http://www.incometaxlist.com/michigan-income-tax.htm Amazing!

The company lost that amount. How much of that amount did Mr. Fat Cat pocket? Enquiring minds want to know...

That is an ugly image of myself!!!!

OK question. Is this number actual losses as is money out for operating cost or is it the difference from what was last year's profit?

GM will be gone before the year is over. http://worldworststockpicker.com

85 million a day is nothing. The government is now spending about 10,000 million a day.

A black President for the very first time? plus economy-building-confidence during an historic downturn too?......isn't that asking for to much, to soon?....I think so....I would suggest digging in for the long-haul on this one. FAR TO MANY VARIABLES WORKING HERE. Am I saying no quick recovery because Obama is black? and that color matters?.....well no one will really ever know for sure, but his extreme Leftest politics is not helping big money feel very confident these days, and quite frankly, BIG MONEY is who I've always worked for, but I'm not so sure a white Liberal could have pulled the rabbit out of this battered hat. I just wish we had been more focused on economic recovery than on making history, that's all....maybe a little more time for Cerebral Cortex development would have helped out.

I get a kick out of the posters who write in to say, "yeah but what did mgmt make at the banks?'. WHO CARES? Just becuase one industry is messed up doesn't mean this one shoudl be too... Let em fail - back any car company with tax breaks / access to capital - who looks like they can stay afloat and drive manufacturing jobs in the US. Those that want Billions and Billions becaus their business models are flawed shoudl be left to fail - they derserve this fate.

The point is american car companies need to help raise our standard of living. We can buy cheap cars from other places in the world.

Should this company been shut down already??

GM is already done. The taxpayers are just funding the buy outs.

It is stupid to keep feeding them, shut them down to save our money

Does that include the money that has been laundered all over the world? Sounds like the definition of global economies it to take money from the U.S., invested in overseas operations, and claim losses in the U.S.. What is the return on investment to China and other operations outside of North America? The reason CEOs make the big bucks is to manage the business, not to explain why they made wrong investments.