Thursday, February 26, 2009

General Motors Lost $85 Million Every Day

For perspective from Clusterstock :
"Running General Motors is like lighting a $1000 bill on fire every passing second"
General Motors Lost $85 Million Every Day:
"GM's total loss for the fourth quarter of 2008 was $9 billion. It's hard to imagine any number that large, so we decided to break it down...Minute: $58,333 In short, with every passing minute GM loses slightly more money than the average American household makes in a year."

It really is hard to imagine.

No comments: