Announced this morning was General Motors' surprising $6 billion quarterly loss. Why was it surprising? Because analysts predicted a loss of $6.7 billion. Almost a billion dollars better than expectations! Go team!!!
Global sales - down 40% for the quarter. Money borrowed from American tax payers - $15.4 billion. Requesting more - $11.6 billion more. Give me a break.
Stay tuned to the news today because the EXCITING stress tests will be released just in time for the market to tumble faster than kindergartners in gym class.
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