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Wednesday, April 07, 2010

Government Motors Loses $4.3 Billion in 4th Quarter

How's that auto bailout going?
General Motors Co. says it lost $4.3 billion in the last half of 2009 as it emerged from bankruptcy protection, worked to repay government loans and coped with a severe downturn in U.S. sales.

However, the automaker said today it still sees a chance of returning to profitability this year.
And I have a chance of flapping my arms and flying to the moon.

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