Fox News: GM Posts $9.6B 4Q Loss, Burns Through $6.2B Cash

[riky]

GM Posts $9.6B 4Q Loss, Burns Through $6.2B Cash
     

General Motors Corp. posted a $9.6 billion fourth-quarter loss and said it burned through $6.2 billion of cash in the last three months of 2008 as it fought the worst U.S. auto sales climate since 1982 and sought government loans to keep the century-old company running.
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