dollar losses

As it nears 100, GM faces a rough road ahead

MSNBC.com: Business  Sun, 09/14/2008 - 15:21

GM has lost $57.5 billion in the past 18 months, including $15.5 billion in the second quarter.<br /><br />It's burning more than $1 billion a month in cash, has more than $32 billion in long-term debt, and a slumping U.S. market has forced it to close factories and shed workers.In his 43 years as a General Motors Corp.

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GM rolls on rough road as it nears 100th birthday

Newsvine - business  Sun, 09/14/2008 - 13:44

In his 43 years as a General Motors Corp. factory worker, Roger Ezell has seen recessions, gasoline price spikes, sales slumps and multibillion dollar losses.

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Court Frees Societe Generale Trader

Topix - Business News  Tue, 03/18/2008 - 14:41

"We were expecting this decision; we were hoping for it"

A French court on Tuesday ordered the release of a jailed Societe Generale trader blamed for multibillion dollar losses at the bank, a spokesman for the trader said.

Jerome Kerviel was expected to leave Paris' grim La Sante prison later in the day.

He has been held there since Feb. 8. Spokesman Christophe Reille did not elaborate on the order to free Kerviel.

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