Ryan's District Boards

RD Today => All the News => Business News => Topic started by: riky on March 05, 2009, 07:01:39 PM

Title: GM auditors raise doubt on viability (Reuters)
Post by: riky on March 05, 2009, 07:01:39 PM
GM auditors raise doubt on viability
    (Reuters)

 


<p><img src="http://d.yimg.com/img.news.yahoo.com/util/anysize/130,http%3A%2F%2Fd.yimg.com%2Fa%2Fp%2Fap%2F20090305%2Fcapt.83fb87e3165f429a81d05afbbc4e0f9c.gm_annual_report_ans108.jpg?v=2" align="left" height="85" width="130" alt="In this March 3, 2009 file photo, General Motors Chief Operating Officer Fritz Henderson, right, talks to Robert A. 'Bob' Lutz, Vice Chairman of Global Product Development at General Motors Corporation during a briefing at the GM exhibition stand at the Auto Show in Geneva, Switzerland. General Motors Corp.'s auditors have raised 'substantial doubt' Thursday, March 5, 2009, about the troubled automaker's ability to continue operations, and the company said it may have to seek bankruptcy protection if it cannot execute a huge restructuring plan. (AP Photo/Anja Niedringhaus, File)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090305/bs_nm/us_gm)Reuters - General Motors Corp on Thursday said its auditors had raised "substantial doubt" about its ability to survive outside bankruptcy if it fails to stem its losses and stop burning cash.</p><br clear="all"/>


http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090305/bs_nm/us_gm