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$15 Billion Dollar Bailout Agreement Reached
December 7, 2008
joe_limon .... the main point that you have well and truly missed in your "understanding" of the situation is GM in particular have had a massive fall in sales from an already very low point. They have been struggling for last 3 years and even 2 years ago there was talk of very big trouble in their business. The other manufacturer sales figures have dropped from an extreme position of strenght as many like Toyota had had record years 3 years in a row. BIG DIFFERENCE !