So, a $4.2bn operating loss in Q3 and then all this:

* GM SAYS ACTION AIMED AT BOOSTING LIQUIDITY BY $20B THROUGH 2009

* GMAC REPORTED A NET LOSS OF $2.5B FOR 3Q

* GM SAYS ESTIMATED LIQUIDITY IN 2008 TO APPROACH MINIMUM NEEDED

* GM SAYS LIQUIDITY DECLINING TO ‘MINIMUM’ NEEDED TO OPERATE

* GM SAYS EXPLORED POSSIBLE ACQUISITION, DECIDED TO FOCUS ON LIQUIDITY

This entry was posted by Stacy-Marie Ishmael on Friday, November 7th, 2008 at 16:29 and is filed under Capital markets. Tagged with gm. Edit this entry.