The Big Two, In Black And White
By Mitch Berg
General Motors expresses doubts that it’s going to hold on:
General Motors Corp said on Thursday that substantial doubt existed about the ability of company to continue as a going concern.
The story is mostly culled from statements on various annual reports and SEC filings.
In one statement, the company notes the need for a “$30 Billion” loan from the feds.
Do you remember when that seemed like a lot of money?
