DETROIT - General Motors lost $722 million in the fourth quarter for fiscal 2007 losses of $38.7 billion. The deficit includes the $39 billion tax charge taken in the third quarter of '07. Excluding that tax charge, GM's...
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Wow...I hope they can rebound. GM is a great company with a lot of employees. It would be a tradegy, if they went bankrupt. However, I am confident they will increase their revenue and cut some expenses.
_______________________________ If you lose hope, somehow you lose the vitality that keeps life moving, you lose that courage to be, that quality that helps you go on in spite of it all. And so today I still have a dream.
-Martin Luther King, jr.
