Tuesday, January 20, 2009

General Motors Blames Worsening Global Economy for Not Knowing How to Work Excel

These headlines just hit. Let me paraphrase: "We are f@*&#d. Send guns, ammo and lawyers." Oh, and GM needs to take down breakeven level for future. Hey Bob Lutz, good work reading our suggestions. Curious just how many times the new "conservative" plan will have to be reworked.

*GM REPEATS BREAK-EVEN PLAN PRESENTED DEC. 2 UNDER REVIEW
*GM COO FRITZ HENDERSON MADE COMMENTS TO REPORTERS
*GM SAYS INDUSTRY SALES 'WEAK' AS FLEET SALES SLOWER
*GM SAYS JANUARY US SALES A LOT LIKE DECEMBER SO FAR
*GM SAYS WORSENING GLOBAL ECONOMY IS CAUSING CHANGES
*GM SAYS IT MUST TAKE DOWN BREAKEVEN LEVEL FOR FUTURE
*GM COO FRITZ HENDERSON COMMENTS IN CONFERENCE SPEECH
*GM'S HENDERSON SAYS GM HAS ADOPTED `CONSERVATIVE' PLAN
*GM SAYS IT REMAINS UNCLEAR WHEN ECONOMY WILL RECOVER
*GM SAYS IT'S NOT YET CLEAR IF FISCAL STIMULUS WILL WORK
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