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Litigation

: The FRAUDfiles Blog

Stick a fork in it: GM is done

By Tracy Coenen

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Today Reuters is reporting that General Motors Corp is going to be announcing a massive loss for 2008, and that their auditors (Deloitte) will be issuing a “going concern” warning. Essentially, that means that the auditors doubt GM is a viable business that can keep running for much longer. And we’re surprised by this why? Even before [...]

Full post as published by The FRAUDfiles Blog on February 26, 2009 (boomark / email).

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