GM will need over $9 billion in new financing: Lehman
(Reuters)
<p><img src="http://d.yimg.com/us.yimg.com/p/nm/20080514/2008_05_14t130632_299x450_us_gm_financing.jpg?x=86&y=130&q=85&sig=pTpaaciJMYkNYJh35n87Mw--" align="left" height="130" width="86" alt="The grill emblem on the 2009 Chevrolet Traverse is seen during the Chicago Auto Show February 6, 2008. (John Gress/Reuters)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080514/bs_nm/gm_financing_dc)Reuters - General Motors Corp will need to
raise over $9 billion in financing over the next two years to
refinance existing debt and to offset projected cash losses in
its auto operations in North America, Lehman Brothers analyst
Brian Johnson said on Wednesday.</p><br clear="all"/>
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