The Fraud Files
Stick a fork in it

GM is done

By - Feb 26th, 2009 08:14 am
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Today Reuters is reporting that General Motors Corp is going to be announcing a massive loss for 2008, and that their auditors (Deloitte) will be issuing a “going concern” warning. Essentially, that means that the auditors doubt GM is a viable business that can keep running for much longer.
And we’re surprised by this why?
Even before […]

Categories: Business, News & Views

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