[AndyH]

Originally Posted by Steve_A

Hi everybody on this thread,

Just to add a little fuel on the fire, GM posted record losses and is considered a 'bankrupt' company by German banks.

When the going gets tough....

http://news.yahoo.com/s/afp/20081110...sautocompanygm

Best regards,

Steve

Sad what impact a few words can have isn't it?

Note the bit at the bottom?-

"President-elect Barack Obama responded to the plea by saying in his first post-election news conference that he is placing "a high priority" on helping the auto industry during his preparations to assume office on January 20."

I see quite a few news articles pointing to a financial crisis around the time of Obama's kick off.