Reply #33: They don't have cash,they have our money...

[leeloo]

Chief Says G.M. Is on Road to Profits

http://www.nytimes.com/2010/01/07/business/07auto.html

GM expects to show annual profit in 2011
The company's financial adviser, Evercore Partners, offered projections for GM's finances in its bankruptcy case based on several scenarios. It forecasts that GM will lose $17.5 billion this year before reaching a profit of $3 billion in 2011 before taxes, rising to $7.8 billion in 2014.

http://abcnews.go.com/Business/story?id=7764180&page=1


GM’s Whitacre Says He ‘Hopes’ to Report a 2010 Profit

http://www.bloomberg.com/apps/news?pid=20601103&sid=aiZcX2eh7QrQ



Google GM annual profits...


So if they have cash where do you think they got it from?
I will tell you, from us they are paying us back a small percentage of the loan we gave them..