GM's Whitacre Predicts Company Will Be Profitable in 2010

[Lucky Luciano]

Source: Bloomberg

Headline just hit the tape. Cannot copy link to iPhone from bloomberg terminal.

No link yet.

[jpak]

1. NNNOOOoooooo!!!111

GM has to fail!

I blame Obama for this travesty!

:cry:





















:evilgrin:

[dmallind]

2. In this case I may side with doomers. I doubt it will on ongoing operations. NT

[Lucky Luciano]

3. Very fair point. No sign he was talking about operating earnings.

Double dip recession is also a big risk as the fed slows down their MBS purchases - though the fed released their minutes from last month indicating they may extend purchases if necessary. The dollar took a small hit on that newswirh the DXY (dollar index) down about 25 bps on a gap move down.

[blue_onyx]

4. I hope so

The products GM is putting out are great.