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Friday, November 7, 2008

This doesn't look good

I remember a popular saying during the 1960s that went "As General Motors goes, so goes the nation." I really hope that's not true any longer after hearing General Motors Corp. announce Friday that it had lost $2.5 billion in the third quarter and warn that it could run out of cash in 2009 if the U.S. economic slump continues and it doesn't get government aid.

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