- NEW!
by jazzlady1028 on May 28th, 2009
Yes, looks like it - please see this link: http://business.theage.com.au/business/general-motors-bankruptcy-now-appears-assured-20090528-bp0z.html
A shame! As a child, I was always told by my late dad, who taught me about stocks/the stock market (for better or worse, ha ha), that "Generoo Motoos" (as I called it when I was about three years old!) was one of the best companies to own. I'll never forget that, back in the late 1950's, and I think of how my dad would be deeply saddened if he knew/heard about this - but, alas, it's another "sign of the times."
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