GM announced a $39 billion loss.

[James R]

GM announced a $39 billion loss due to "accounting change". It has about 200 billion in assets, and 200 billion in liabilities. So essentially GM is worthless and has been for a few years now.

http://finance.yahoo.com/q/bs?s=GM

[werdd]

gm loses while petrochina triples to the largest corporation of all time, a sign of the times if we dont change things.

[traviskicks]

If Ron Paul is elected, I hope he will change the laws governing unions, so they can stop bankrupting companies across the United States and taking over private businesses.

FYI:
http://www.detnews.com/2005/autosinsider/0510/17/A01-351179.htm