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GM Losing $2 Billion a Month

General Motors is losing $2 billion a month and is on the brink of bankruptcy says CBS in the clip below. Speaker Pelosi is said to be pushing for an aid package for U.S. auto makers GM, Ford and Chrysler. GM's sales fell 45% in October. If one of the big three fails it is estimated that over 2 million jobs could be lost. There's also an article here about what could happen if GM fails.



Posted on November 12, 2008





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