gm buyouts

In these uncertain economic times, a job working for an automaker with a possible bankruptcy looming in the distance may be better than no job at all. This fact must be readily apparent to the 600 or so General Motors workers who have changed their mind and turned down the automaker's latest round ...

Let's get the hard numbers out of the way. Today General Motors revealed that excluding special items, it posted a net loss of $23 million in 2007. Add in some funky deferred tax asset charge, and the automaker's net loss last year rises to $38.3 billion. Aside from that, we're interested in how GM ...