The Biggest Problem Detroit's Big Three Face [View article]
GM needs billions of bridge loans to keep itself out of bankruptcy. The current ratio is too negative and has been squeezed for the past year. Cash is dwindling to the operating minimum. The question is can they sell assets/draw down inventories/raise equity in time? I looked at their numbers in blog also quoted a bunch of analysts. www.distressedvolatili...
The Biggest Problem Detroit's Big Three Face [View article]