GM raising cash, sell off

Sep 10, 2009 0 Replies

Looks like after last quarters loss GM is raising cash by selling off some Euro assets.



Makes me wonder what happened to Magna's $1.6 billion GM owed it before bankruptcy? Did Obama pay them to avoid Canadian bankruptcy filings on GM Canada? My guess is Americans now know where a small portion of their tax dollars went.



GM European unit Opel to go to Magna, Sberbank consortium


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